3 ms·
If the inheritor somehow has no capital gain, shouldn't the entire basis be taxed as income instead? E.g. if I win a car in a contest or get paid in stock for
by singron 5y ago
If the inheritor somehow has no capital gain, shouldn't the entire basis be taxed as income instead?
E.g. if I win a car in a contest or get paid in stock for working, I have to pay income tax on the current value when I receive it.