Stepped-up basis and depreciation on Community rental property in California on death of spouse. Both H & W filing MFJ as California Residents.
Got Etrade/MS 1099-B with accrued market discount. Used the summary reporting method to enter investment sales. Where do I enter these Accrued market discount values in TT ?
When step up sales allow to my spouse passed date, $250k reduction will not be given ? I have difficulties enter the Step up price & how to calculate basis this case