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A deceased taxpayer's home was sold by her trustees. is the trustee liable to pay capital gain on the sale of her home

 
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6 Comments 6
IRonMaN
Level 15

Are the trustees the beneficiaries?


Slava Ukraini!
sjrcpa
Level 15

Who owned the home on the sale date?


Ex-AllStar
BobKamman
Level 15

Was the increase in the value of the house from the time she died until the time it was sold, greater than the expense of selling it?

qbteachmt
Level 15

Oh, let me play, too!

"from the time she died until the time it was sold"

What is that timeframe, and what happened with the property in between the death and the sale?

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IRonMaN
Level 15

It looks like Gofinancialtaxservices is on the go and left us all alone to keep asking questions without the possibility of getting any answers ☹️


Slava Ukraini!
Accountant-Man
Level 13

What do trustees have to do with a deceased person? Do you mean executors?

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