When the executor of a decedents estate elects to use the alternative valuation date, the heirs basis
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When the executor of a decedent’s estate elects to use the alternative valuation date, the heir’s basis in inherited property is its FMV on the date it is distributed to the heir.
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Related Book For
Essentials Of Federal Income Taxation For Individuals And Business
ISBN: 9780808038009
15th Edition
Authors: Linda M. Johnson
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