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Get your taxes done using TurboTax
The date used to prepare the Statement of Fair Market Value (FMV) is the date of your mother's passing, December 15, 2011. The acquired date would be the same. Give a description of the property 'Inherited Property'. This will identify it for the IRS.
The date of death is always the date used to determine FMV.
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March 11, 2025
6:29 AM