MaryMatt
Level 3

How do you change basis of depreciable assets?  My survivor is the spouse who was also a partner.  Looks like all assets will have to be "sold" as of date of death, and re entered as 2 halves for the rest of the year, one old basis and one step up basis.  (Client resided in non community property state).  Not sure how I will override gains or recapture if entered that way.I have selected 754 election, but, apparently all calculations are manual?

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