0
What cost basis of stock acquired by transfer on death when it is sold?
Wiki User
∙ 9y ago
Stock transferred at death receives a cost basis that is stepped up to the value on the date of death.
Wiki User
∙ 9y ago
The cost basis of stock acquired by transfer on death (TOD) when it is sold is typically the fair market value of the stock on the date of the original owner's death. This is known as a "stepped-up" cost basis. This means that any potential capital gains or losses upon the sale of the stock will be calculated based on the value at the time of the original owner's death, rather than their original purchase price.
Add your answer:
Earn +20 pts
What is the transfer of all or a portion of a subsidiary's stock or other assets to the stockholders of its parent company on a pro rata basis called?
stock split
When is the purchase date of a stock acquired due to the put options assignments?
It's the day the stock actually made it into your account. If it was the day you sold the put, these things would be a nightmare to calculate basis on.
What is intracompany stock transfer called?
Intra stock transfer means cross company stock transfer EX. IPCL&IOCL
At the conclusion of a GRAT what is the cost basis of the stock for the beneficiary grantors original cost or grantors cost on the date GRAT started or cost on the date of transfer to the beneficiary?
Cost basis is equal to cost basis of original grantor plus any gift tax paid (the same as if the beneficiary had received the stock directly as a gift)
Who is the stock transfer agent of SM investment corporation?
The stock transfer agent for SM Investment Corporation is Stock Transfer Services, Inc.
The effect of a stock dividend is to transfer what?
transfer additional shares of stock in the company to existing shareholders
What happens to stock upon death of owner?
It becomes a part of the estate. The executor has to determine their value and either liquidate them or transfer them to the inheritor.
What stock brokerage was acquired in 2000 by UBS?
Paine Webber
Can you transfer your green bay packer stock to your to your son?
Yes you can transfer your Packer Stock to any member of your immediate family.
Who is the transfer agent for Edo Corporation stock?
American Stock Transfer & Trust Company. Source: http://www.certificatetransfer.com/taList.html
My family inherited ATT stock. With all the spin offs and mergers how can I personally find out what is outstanding?
First what do you mean by outstanding? If you are looking for your cost basis. You need to look at the date of death for when you received the inheritance. The price of the stock on that date is your beginning cost basis. You may then need to use some worksheet to calculate basis given the different corporate events .
Who is the Transfer Agent for KeySpan Energy Co stock?
Who is the transfer agent for keyspan
