Step basis on jointly held assets with child

USA Discussion in 'General Tax Discussion' started by Robert Howard, Aug 19, 2018.

  1. Robert Howard

    Robert Howard

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    Have read both answers ? One is that the step up Irs provision is 100% after death if the child had not contributed anything toward costs. This is in reference to a brokerage acct. The other answer was that the Irs does not allow any step up for a parent\child joint acct ? So what does the Irs allow ?
     
    Robert Howard, Aug 19, 2018
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