Welcome, Guest. Register Now!
   
Veiw New Posts View Todays Posts


» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 
Financial Planning
 
 
 



Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 09-26-2007, 04:23 PM
Junior Member
 
Join Date: Sep 2007
Posts: 1
How long to wait to avoid higher capital gains tax?

After my Mother passed away, stocks were TOD to me.
Do I have to keep it exactally one year to avoid higher capital gains tax?
Reply With Quote
Sponsors
  #2 (permalink)  
Old 09-28-2007, 08:55 AM
Junior Member
 
Join Date: Jul 2007
Posts: 8
I think you actually have stepped up basis, so there would be no capital gains tax , am I right, TaxGuru?


So, there is no waiting requirement to avoid long term capital gains.
Reply With Quote
Sponsors
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off