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Deductions & credits
On Turbotax Deluxe, does my mom put the sale price which is lower than the appraisal value on the purchase price since there is no where to put the full step up basis? Example: original bought year 2000 for $100k, sold year 2024 for 700k. Enter year 2000 for $700k purchase price due to full step up after her husband passed in community property?
‎February 19, 2025
9:41 PM