Hey all,
Had a client with a parents estate. We went with the 645 election, and a 7/31/2020 year end.
The estate holds several brokerage accounts, all have been liquidated. From your experience...
1) What is the easiest way to prepare the Schedule D, calculate gain/loss?
2) What about dividends? I could go with the cumulative dividend amount shown on the 7/31 statement, but that won't tell me qualified dividends.
Obviously there is no 1099 brokerage statement to tie into, so this doesn't seem like its going to be a simple task
Any and all insights appreciated.
Thanks!