pkittel
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Thank you. The auction house also said I should use the 250.
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Valuation was after death. Effective evaluation date was date of death.
Activity Feed for pkittel
- Posted Re: I sold a painting I inherited. It was appraised by a national auction house at 800. Five months later, they sold it at auction for 250 gross. Is my basis 800 or 250? on Deductions & credits. February 28, 2020 12:05 PM
- Posted Re: I sold a painting I inherited. It was appraised by a national auction house at 800. Five months later, they sold it at auction for 250 gross. Is my basis 800 or 250? on Deductions & credits. February 28, 2020 10:34 AM
- Posted I sold a painting I inherited. It was appraised by a national auction house at 800. Five months later, they sold it at auction for 250 gross. Is my basis 800 or 250? on Deductions & credits. February 28, 2020 10:28 AM
- Posted I received a 1099 with my SSN, but payment was for someone else. How do I transfer the amount to the other person? on Retirement tax questions. February 4, 2020 10:47 AM