My paretst had shares in joint names. When Dad died, mum inherited them.Some have been sold. When doing Mum's tax, is the cost price the price of the share on Dad's death or the original price paid?
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Hi @Fred4mum,
If your mum inherited shares from your dad, her cost base is most likely the amount he originally purchased them for. Depending on the date he purchased them, will determine how to calculate the cost base.
If you have further questions, please post them here.
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Hi @Fred4mum,
If your mum inherited shares from your dad, her cost base is most likely the amount he originally purchased them for. Depending on the date he purchased them, will determine how to calculate the cost base.
If you have further questions, please post them here.
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