Started By
Message

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
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2137 posts
Posted on 3/8/24 at 1:50 pm to
You sure? I thought spouse typically got half stepped up basis but a little search found
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
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram