Decedent's estate sold decedent'a home . Questions (1) Sale shown on 8949, then Schedule D? (2) Is Purchase date the actual the decedent bought the house OR is the purchase date shown on the 8949(?) the date of death?
Announcement
Collapse
No announcement yet.
Purchase/Sale dates for Estate 1041?
Collapse
X
-
Originally posted by Snowdog90218 View PostDecedent's estate sold decedent'a home . Questions (1) Sale shown on 8949, then Schedule D? (2) Is Purchase date the actual the decedent bought the house OR is the purchase date shown on the 8949(?) the date of death?
-
Clarification of original post: Decedent died May 1, 2018. Fiduciary sold decedent's home July 10, 2018. Decedent did not inherit her home. She originally purchased her home August 22, 1972. The question is what should be the "purchase date" on the decedent's 1041 return? August 22, 1972 or date of death May 1, 2018?
Comment
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Comment