Get your taxes done using TurboTax

You should seek guidance from a local tax professional at this point.

 

At the time of your mother's passing, previous accumulated depreciation would have disappeared and the FMV, as of the date of her death, should have been used as the basis for depreciation (including the improvements).

 

See https://taxexperts.naea.org/listing/service/business-tax-preparation

View solution in original post