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  • Re: I sold a painting I inherited. It was appraised by a national auction house at 800. Five months later, they sold it at auction for 250 gross. Is my basis 800 or 250?
pkittel
pkittel
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Deductions & credits

Valuation was after death.  Effective evaluation date was date of death.

‎February 28, 2020 10:34 AM
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