qbteachmt
Level 15
10-26-2020
04:31 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
"due to her stepped up basis due to her father's death"
There is no Step Up in basis for this type of account or holding.
If he had basis in that account, she would inherit that basis status.
*******************************
"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.