Fred and Pearl always have lived in a community property state.At the time of Fred's prior death in 2012,they held stock that cost them $600,000 but was valued as follows.
Under Fred's will,his half of the stock passes to their daughter,Brandi.What income tax basis will Pearl and Brandi have in the stock,if Fred's estate:

Question

Fred and Pearl always have lived in a community property state.At the time of Fred's prior death in 2012,they held stock that cost them $600,000 but was valued as follows.
  Under Fred's will,his half of the stock passes to their daughter,Brandi.What income tax basis will Pearl and Brandi have in the stock,if Fred's estate:

Quizplus · Accepted Answer

The Answer of Fred and Pearl always have lived in a community property state.At the time of Fred's prior death in 2012,they held stock that cost them $600,000 but was valued as follows.
  Under Fred's will,his half of the stock passes to their daughter,Brandi.What income tax basis will Pearl and Brandi have in the stock,if Fred's estate:

Fred and Pearl Always Have Lived in a Community Property