USA estate income tax gain or loss on dividends after date of death

[grover]

DATE OF DEATH WAS 4/23/2017. I KNOW THAT THE MUTUAL FUND SHARES OWNED ON THAT DATE RECEIVE A STEPPED -UP BASIS TO THE VALUE ON THE DATE OF DEATH. FOR DIVIDENDS(REINVESTED) THE ESTATE
RECEIVES LATER, THEY ARE REPORTABLE AS INCOME ON THE ESTATE TAX RETURN BUT WHEN THEY
ARE SOLD IN THE SETTLEMENT OF THE ESTATE, IS THE COST BASIS OF THOSE THE SAME AS THE DIVIDENDS
REPORTED ON THE TAX RETURN AND MAY WELL BE CONSIDERED SHORT TERM?

 

[Drmdcpa]

Yes