stellex356
Level 2
03-29-2021
07:33 PM
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I am preparing an estate tax return. The executor sold stocks that generated a LT capital gain of $215,000.
I used the estate exclusion/credit to offset the tax generated. However, I am getting an investment tax amount of about $7,000 due. Is this correct or can this be offset also?
Steve
Solved! Go to Solution.
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