Step Down in Basis at Date of Death

Except for a $3,000 deduction against ordinary income, it doesn't make a difference unless the decedent-to-be has capital gains that can be offset by the realized capital loss.

Reply to
Bill Brown
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Agreed. I was expecting to see the suggestion of the conversion to Roth of some IRA assets of the soon to meet his maker.

Joe

Reply to
JoeTaxpayer

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