Thank you.One additional question.My mother passed on 3/11/19 and we sold 5/4/19.What I have read is that it has to go under Long term not short term.So, in dat...
Good morningI an not an expert but have been researching this as well and what I find is that I could deduct a loss.We would report on #8949, which transfers to...
My situation is very similar to the one I am commenting on.If you have a stepped up basis and sell very soon after death, I think you could actually have a loss...