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Deductions & credits
See if you can get a historical estimate thru a local realtor or at the very least the tax accessor's records for that time although those are always lower then the FMV. Was the estate required to file a tax return or an estate return that year ?
The IRS assumes you have a zero cost basis unless you can show something else if you are audited ... so find something that will hold up in an audit.
‎October 9, 2022
1:22 PM