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Get your taxes done using TurboTax
Yes, in the worksheet, turbotax ask the amount to enter each items. Before going into their worksheet, at the top, there is a place to enter the original purchase price, I entered the step-up value there. Then go through the worksheet as they ask for permanent expenses etc. then go to the inheritance worksheet page, my question is, Do I enter here as the Inheritance, the step up home value here also? Or is this a redundant entry?
Is the Community property step up considered as the inheritance?
Thank you,
‎October 14, 2024
2:05 PM