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Unrealized LTGC goes to zero upon death of a spouse in the review output, but not on the MRI

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(@stkeros)
Estimable Member
Joined: 4 years ago
Posts: 50
Topic starter  

I have a plan with steadily increasing unrealized gains (as expected) but then drops to zero upon death of a spouse and which seems like an error. However, the MRI for that cell has the presumably correct numbers. Any idea why the cell data does not match the MRI?

Here's a screenshot of the review output: https://drive.google.com/file/d/13_V-1U5kDoH75DJ6eVbmaXUObffOH_OC/view?usp=drive_link

Here's the corresponding MRI: https://drive.google.com/file/d/14ViOuOJlDSOz-MytkdW5Hqmu5zfzfi9a/view?usp=drive_link

I believe it's handling the underlying taxation of the gains appropriately. Meaning, it's as if the cell display is an error, but the integrity of the LTCG data is overall correct?



   
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(@stkeros)
Estimable Member
Joined: 4 years ago
Posts: 50
Topic starter  

NEVER MIND. Pralana was trying to teach me that the state (LA) is a community property state so all community property receives a step-up. I don't work much with clients in Louisiana. 🙂



   
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(@jkandell)
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Joined: 4 years ago
Posts: 257
 

Posted by: @stkeros

NEVER MIND. Pralana was trying to teach me that the state (LA) is a community property state so all community property receives a step-up. I don't work much with clients in Louisiana. 🙂

Is that your company slogan?



   
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