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I am an Enrolled Agent with 9 years of tax preparation and IRS representation experience.It is important that you find the value of the stock for the insurance company, or you may have to pay more in taxes than you normally would. If you know the date you purchased the stock, that can assist you in determining the the price of the stock at the time is was purchased. The insurance company also may be able to tell you the price of the stock.Was the stock all purchased at the same time? Or during various periods?
Good afternoon,I am attempting a follow-up to your question. Can you let me know the answers to the above questions so I may assist you further. Thank you.