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During 2010, I sold fund shares inherited from my parents. Will cost basis and gain/loss information from this sale be shown on my 2010 Average Cost Accounting Statement?

basis COST fund gain inherited loss Parents Shares sold
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During 2010, I sold fund shares inherited from my parents. Will cost basis and gain/loss information from this sale be shown on my 2010 Average Cost Accounting Statement?

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A. No. You will not receive an Average Cost Accounting Statement for that account. Basis information on shares received by gift or inheritance is not available systematically, so gain/loss cannot be accurately calculated.

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