Ian Bryzek, CPA
Selling assets at a gain after inheritance
A gain after inheritance should be computed from supported records, not the decedent's old purchase price alone.
Later appreciation and the inherited tax starting point are different parts of the calculation.
Match basis support, disposition records, and sale expenses before reporting the transaction.
What to keep with the file
Match basis support, disposition records, and sale expenses before reporting the transaction.
What to gather
- The source documents closest to the transaction
- A dated list of what happened after death
- Statements, invoices, or correspondence that explain the entries
Who usually handles what
- Ian can help identify the tax records and reporting questions.
A practical next step
Make a short timeline and mark any fact that still needs support.
Related guides
This general information is not tax or legal advice. The answer depends on the documents, ownership, timing, and facts of the particular matter.