George4Tacks
Level 15
12-07-2019
06:38 AM
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Yes, you report that whole $99,578.32 as the Net Proceeds on the tax return.
Start here and do some research on the basis of this inherited stock. You can check the box for inherited property with step up in basis (maybe, if the 706 or 8971 was properly filed)
https://www.irs.gov/taxtopics/tc703
Answers are easy. Questions are hard!