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Deductions & credits
@rf_ee wrote:
Is there a tax law court case where an beneficiaries of an estate were able to take unequal shares of the tax loss of a stepped up basis home sale?
No. Absent a valid disclaimer by a beneficiary, the dictates of the will would control or, if none, the laws of intestate succession in the state in which the decedent held the property prior to death.
‎January 3, 2022
7:01 PM