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Does 1099-R with 4D distribution code payable to a Trust at the time of death receive a stepped up basis?

LJC61
Level 1
Taxpayer died and her Annuity was paid to her Trust ($400,000).  Does that annuity receive a DOD stepped up basis to offset the taxable income?
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IRonMaN
Level 15

No


Slava Ukraini!

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1 Comment 1
IRonMaN
Level 15

No


Slava Ukraini!
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