Question: on 1040 form what would the answer be for Inheritance from her father's estate On January 15, of the current year, Paul's father died. From

on 1040 form what would the answer be for "Inheritance from her father's estate" On January 15, of the current year, Paul's father died. From his father's estate, he received stock valued at $30,000 (father's basis was $12,000) and his father's house valued at $90,000 (father's basis in the house was $55,000)

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