philsie1
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Most likely there will be no capital gains. The fair market value of the house is reset when it's inherited. After than the funds are only taxable if it exceeds...
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As I'm close to 3 years into managing my father's estate I want to offer some thoughts. IRAs, 401k's, and some other such accounts (inc life insurance) where no...
Activity Feed for philsie1
- Posted Re: Is profit from property sold in probate taxable income? on Get your taxes done using TurboTax. January 27, 2025 9:32 PM
- Posted Re: IRA BDA's - Probate Estate Expenses - Decedent vs Estate Tax Filing on Deductions & credits. January 27, 2025 9:26 PM