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Investopedia·2025-06-09 16:00
Step-up in basis raises an asset's cost basis to the fair market value on the day the owner dies. It also exempts it from capital gains taxes until sold after death. https://t.co/MeRFjv425M ...
Step-up in basis raises an asset's cost basis to the fair market value on the day the owner dies. It also exempts it from capital gains taxes until sold after death. https://t.co/MeRFjv425M ...