660
The wealthy (lemy.lol)
submitted 11 months ago by King@lemy.lol to c/whitepeopletwitter@sh.itjust.works
54 comments fedilink hide all child comments

https://mastodon.social/@FluentInFinance/111754405817875275

you are viewing a single comment's thread
view the rest of the comments
[-] sugar_in_your_tea@sh.itjust.works 3 points 11 months ago

Yup, estate tax uses stepped up basis, and fed tax is taken out first, so every other debt will use the post-tax amount.

this post was submitted on 14 Jan 2024
660 points (98.4% liked)

People Twitter

5383 readers
944 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a tweet or similar
  4. No bullying or international politcs
  5. Be excellent to each other.
  6. Provide an archived link to the tweet (or similar) being shown if it's a major figure or a politician.

founded 2 years ago
MODERATORS
SendMeYourTaTas@sh.itjust.works
pelespirit@sh.itjust.works