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What data sheet is used 4 stepped up basis received by a beneficiary when they received an in-kind trust distribution (ie distrib. of assets not cash) IRS FORM 8971 ?

Level 1
 
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2 Replies 2

It just tells you what the client's basis is. Use it as you would any other document supporting basis.

Level 15

Keep the info available to use for basis when/if the *distributions of assets not cash* are sold.

Former Chump..umm... AllStar.
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