Total received $87,188, taxable $67,188, get this from the 1099. However, the taxpayer is deceased and the 1099 is made out to the estate. What is the stepup in value? Is it the same as stocks and other assets? Origional lnvestment was $20,000 in 2001. Appreciate any input. Thanks in advance.

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Annunities do not receive steped-up basis.

See QF "Basis of Inherited Property"

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