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Community: Investing Wiki

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inherited stock shares: Original post by W D Adkins of Demand Media When you choose to sell shares of stock you have inherited, you must report any capital gains to the Internal Revenue Service (IRS). To calculate your capital gains (or losses) you first have to know your cost basis. Normally, cost basis is simply the price you paid for shares of stock plus any broker’s commissions or other costs you incurred.…

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