How do you document basis for inherited stock?

A current brokerage screen may omit holdings sold, transferred, or affected by corporate actions after death.

Statements near the date of death and trade confirmations provide a stronger record than a current quote.

What to gather

• Brokerage statement near death
• Position-level transaction history
• Corporate-action notices
• Trade confirmations

Who usually handles what

• Ian can organize the tax reporting question and the supporting records.
• The executor, trustee, or account custodian supplies the records and confirms the file's authority.

A practical next step

Ask the custodian for archived statements before the account is consolidated.

Related guides

• Step-up in basis after death
• Records needed to establish basis
• Final income-tax return

This is general tax information, not tax or legal advice. Outcomes depend on the documents, ownership, timing, and law that apply to the particular facts.

Back to Tax basis · Ian Bryzek