trw4879
Level 3
12-07-2019
08:32 AM
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When inputting the allocation of activity between the decedent and the respective estate, do you use the Weighted Average Ownership of stock input or a separate override of K-1 figures based on the date of death allocation applied to the P&L?
Any insight as to proper input would be helpful! I can't seem to find what I'm looking for in the software. (2018 tax year)
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sjrcpa
Level 15
12-07-2019
08:32 AM
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Per share per day is the rule unless specific cutoff is elected.
The more I know the more I don’t know.
trw4879
Level 3
12-07-2019
08:32 AM
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Thanks SJR. Is there anything that would mandate either option? Additionally, is there a preferred option in terms of input ease in the software?
