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Deductions & credits
@blueskyez wrote:
I'm already aware of the Oregon estate tax calculation. My question is; are there any other types of taxes? Capital gains, for example
There are capital gains taxes, of course, but note that the property in the estate is stepped up to its fair market value as of the date of death of the decedent.
As a result, if the property is sold shortly after death, there should be little to no capital gain.
‎February 1, 2023
4:19 PM
247 Views