William (Bill) Patch

WPatch’s Activity

Tue Dec 29


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WPatch replied to the Tax Strategies board. 2:16 PM

Re: Cost basis of Inherited stock

The actual cost basis on a listed inherited stock is an average of the opening and closing prices as of the specified date. If the date of death was not a market day, average this price for the previous and succeeding market days.

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Three stars, 500 posts Old School Fool
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Very First Post Re: Exercise of Option (6/28/1999)
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