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Deductions & credits
@GrilledTaxes2024 wrote:
Selling direct from the estate, does the sale still follow an inheritance guidelines or would the sale be taxed on the deceased estate as an asset? Thx.
In order to make this scenario as simple as possible, the estate would take a stepped up basis in the asset if the asset were sold out of the estate.
‎June 5, 2024
5:44 AM