deirmartin
Level 1
12-06-2019
08:57 PM
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Installment sale- - After 10 years the seller died. Buyer repaid remaining balance after death of seller. 4 heirs, one of which is buyer, received proceeds. How should this be reported? All gain on decedents 1041, or all gain on decedents 1041 with k-1s issued to each heir? Does buyer/heir get special treatment?
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