what is a step-up: in basis?
DESCRIPTION
You get a step-up in basis, so the value for capital gain purposes is equal to the present value of the assets as of the date of death. Learn more about estate taxes in Indiana in this presentation.
DESCRIPTION
You get a step-up in basis, so the value for capital gain purposes is equal to the present value of the assets as of the date of death. Learn more about estate taxes in Indiana in this presentation.