Skip to main content
March 24, 2022
Question

What does personally purchased mean- 1099B. Does having a brokerage firm purchase investments count as personal?

  • March 24, 2022
  • 1 reply
  • 0 views
Inherited stock was invested in brokerage firm. Changed firms after 2011. New firm purchased all stocks now held. Does this count as inherited?

1 reply

March 24, 2022

Stocks purchased and kept in your account at the brokerage firm are counted as personally purchased.

 

Inherited stocks transferred to new brokerage are still inherited stocks.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"