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Estate stepped-up-basis

jfjefts
Level 3

T/P died and primary house was sold within one year of death by the Estate. The gain far exceeds the $250,000 exclusion. Does the Estate get the stepped-up-basis?

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1 Comment 1
IRonMaN
Level 15

They aren't eligible for the personal residence sale exclusion but they would get the step up in basis.


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