|
Posted by hburns77 on February 13, 2008, 4:43 pm
Please log in for more thread options
Decedent passed away last October. Certainly looks like we will
choose AVD for the value of the securities.
But, what if we choose to sell some, but not all, of the securities
before the 6 month date? The decedent owned
shares in 7 companies. If we sell, we would sell all shares in a
company at one time. Can we use the date of sale value for the shares
sold before the 6 month period and choose the (April) date for the
remaining shares?
Thanks Harry
--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>
|