gamacpa
Level 3

Final 1065 will be 2024.  In 2023, my client, a 1/3 partner died.   I do prepare the 1065?   How do I allocated stepped up basis for only asset, a building, that was sold 2024?  So that surviving living trust will benefit of stepped up basis in reporting the sale in 2024, final t/r. ?

Thank you in advance .

Glenn

 

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