jerryadvisor53
Level 1
02-24-2022
07:06 PM
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Thanks for the reply. So income is recognized, on form 1040, on the sale after the taxpayers death? But it was sold by the Administrator. My issue is how to I "move the asset" to the estate to then show the sale with a stepped up basis? At the same time, now show a profit on the individual return since it was not sold by the taxpayer but by the Administrator