@hmlow wrote:
(If title was held as community property with rights of survivorship, the step up would have been to the 1989 FMV of 100,000).
If title had been held as community property that is located in a community property state, then the property would receive a full (100%) step up in basis. Otherwise, only the half acquired from the decedent by the surviving joint tenant would receive a step up in basis.
