H and W are divorced.Pursuant to the divorce decree, H transferred stock with a FMV of $60,000 (basis to H of $25,000) to W.W's basis in the stock received is

Name: H and W are divorced.Pursuant to the divorce decree, H transferred stock with a FMV of $60,000 (basis to H of $25,000) to W.W's basis in the stock received is
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

The basis of property received in a divorce is the same as the transferor's basis.

H and W Are Divorced