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Bristol-Myers Squibb Company Message Board

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  • dwb360 dwb360 Dec 2, 2010 6:05 PM Flag

    Estate tax basis question - Help! -

    You may want to check with a tax expert. As I recall there is no estate tax this year but the tax basis of inherited stock is the tax basis of the deceased. I don't believe there is a step up in value this year. Next year when the estate tax returns probably also will the step up in valuation.

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