My question is for Richard.My mother has some stock when she passed away in March of 2016. Over…

My question is for Richard.My mother has some stock when she passed away in March of 2016. Over two years later in October of 2018, I filled out the proper forms to transfer the shares to myself. I have no intentions of selling but I am wondering about the tax basis. I think I would step up the basis to the fair market value at the time of the transfer, which was October of 2018 and not March of 2016. Is that correct?

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