Do you want to stay logged in?

Message Board

NUA

November 01, 2016 • Richard Wagner • Log In to Post Comments

If a taxpayer elects to take a NUA and subsequently the taxpayers spouse dies, does the taxpayer get a step-up in basis on the NUA?


Comments

Richard,

Yes, the taxpayer should receive a full step-up in basis on the Net Unrealized Appreciation of employer stock distributed out of the employer plan and held by the taxpayer as long as the stock is community property.

×

Send To A Friend