sales of stock 2 months after date of death
if a son inherited a stock from his father and the the basis was stepped up and then 2 months later the son sold the stock for a gain is the gain short or long term?
Thanks
if a son inherited a stock from his father and the the basis was stepped up and then 2 months later the son sold the stock for a gain is the gain short or long term?
Thanks
Permalink Submitted by Alan - IRA critic on Thu, 2025-04-17 15:38
Always long term for inherited shares.