Level 12
03-14-2026
04:49 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Enter the inherited stepped up basis of 25k for each remaining sibling as of the brothers DOD. Then show the disposition of the asset for each living sibling as their share of the proceeds on the date of sale… the software should handle the 4797 and sch D. Enter the gross amount of the 1099S on the 4797
If at first you don’t succeed…..find a workaround