I was just asked a question and, since I don't do returns, I don't have an adequate response.
Mother and daughter inherited stock on the death of the father. Mother is non-citizen, non-resident. When the stock was cashed, the broker sent a 1099-B in the name of the mother and daughter.
Daughter sent mother's half of the proceeds to her. Does the daughter need to report this any way when she does her taxes?
Thanks for your insights.
Stu