Advice on how to liquidate stock accounts?

NYMomof2
Sun, 02 Aug 2015 16:36:19 +0000

Goldenwest, Thank you for answering the question I meant to ask! My brain isn’t all that reliable late at night.

I’m happy to hear that the basis resets. But we still lost out, I think, because the part of the market value, at the time of transfer, that came from capital gains was taxed at ordinary rates.

Thanks for the links, AttorneyMom and DrGoogle! I am off to read them.