sbchapp
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If the value of the CD was less on the date of death due to the increase in interest rates, why would I be responsible for a capital gain tax on this CD that I ...
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The cost basis reported on the 1099-B was less than the face value of the CD and therefore a gain was reported, so I am not sure I follow your example. Accordin...
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The proceeds were reported as the face value of the CD and the cost basis was reported as the FMV, I assume, on the date of death. As mentioned earlier, the CD ...
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