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re: Timberland Value in 2008 To Calculate Capital Gains On 2023 Taxes. Who do I contact?
Posted on 3/8/24 at 1:50 pm to lsu13lsu
Posted on 3/8/24 at 1:50 pm to lsu13lsu
You sure? I thought spouse typically got half stepped up basis but a little search found
CPA Journal
quote:
if property is classified as community property, not only does the decedent’s share of property receive a new basis but also the surviving spouse’s share receives this same basis if at least one-half of the community property is includable in the decedent’s gross estate.
CPA Journal
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