Appreciated Property That Was Inherited in 2013

question 48

Multiple Choice

Appreciated property that was inherited in 2013

• A)will have a stepped-up basis.
• B)avoids income tax on the appreciation prior to the date of death.
• C)avoids income tax on any post inheritance appreciation on a future sale.
• D)All of the above.
• E)(a)and (b)only.

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