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How do I change the cost basis on an investment?

When my parents died the basis on their stock received a "step-up" in basis as of their date of death.  How do I adjust Quicken to reflect this new basis?
    I would create a new quicken investment account and then use the Add shares action to add the shares to the new account on the date of death with an appropriate Memo (Note:  don't use transfer shares).  Make the cost basis be the stepped up basis.   For date acquired, if you enter the date of death the classification of capital gains treatment going forward will be off if you sell in less than a year (Shares inherited get long term gain treatment regardless of the holding period).  Therefore put the "date acquired, required for calculating tax" to be a year before.

    Use a removed shares action to remove the shares from the original account.
      I had to do this for mutual fund shares I inherited from my wife when she died. I’m using Quicken 2004 for Windows. I entered the shares into my portfolio using the Action “Add – Shares Added”. I used the current price. Then, I went back and edited the transaction. I changed the price to reflect the stepped-up basis. When I did this, a popup window asked me why I was recalculating the price. One choice is Cost Basis. I used that and the transaction then reflected my actual cost.
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