Selling a card you inherited - Income tax

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08-13-2022, 04:32 PM

Peter_Spaeth Peter_Spaeth is online now

Peter Spaeth

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Join Date: Apr 2009

Posts: 34,229

Bob what if -- horrifying I know -- the decedent's estate tax return understates the value of the card, in an effort to avoid or minimize taxes? Is the heir really stuck with that?

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