My mom lives in CA and became a widow in 2023. She sold in 2024 the home she had owned jointly with my dad for 48 years. Since CA is a community property state, I'm told she is entitled to a step up in cost basis to the FMV of the home as of the date of Dad's death. Please confirm, and if true, where should I be able to see this revised cost basis in TurboTax? Can I make a manual entry on line 2.7 of the Adjusted Basis of Home Cost Worksheet?
