Dear TurboTax,
I have inherited a property from an irrevocable trust. Due to how assets were distributed at my mom’s passing (1/2 to an irrevocable trust, 1/2 to my dad), 50% of the property received a step up in 2017. Then upon my dad’s passing the other half of the property received a step up in 2024.
How can I input these two separate step ups and add prior depreciation in turbo tax?
Thank you for your help.
Regards,
Steve
