- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes, you can use the stepped-up basis in figuring the gain on the decedent's property sale for the estate tax return.
The beneficiaries receive a K-1 from the estate to report on their personal tax returns.
Here's some info that may help you:
https://ttlc.intuit.com/replies/5610660
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎June 6, 2019
12:28 PM