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Sale of decedents personal property

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    #1

    Sale of decedents personal property

    in an estate. Is this a taxable event to be reported on the 1041? Entire household goods were sold at the estate sale for under $ 10,000. Would there not be a step-up in basis that would yield no gain?
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    #2
    Yes to all

    It is a sale and basis is stepped up so probably a push.

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