Get the free Step up to the challenge. - St. James High School - stjameshs sharpschool

DEPARTMENT OF THE ARMY St. James High School Junior Army Reserve Officers Training Corps (ROTC) 5181 Wildcat Drive St. James, Louisiana 70086 August 6, 2012, Instructors: LTC (RET.) Linda M. Color,

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What is step up to form?

Step Up to Form is a tax form used to report an increase in the cost basis of an asset upon the death of the original owner.

Who is required to file step up to form?

The beneficiaries of an estate or trust are required to file Step Up to Form.

How to fill out step up to form?

Step Up to Form can be filled out by providing information such as the original cost basis of the asset, the date of death of the original owner, and the new cost basis of the asset.

What is the purpose of step up to form?

The purpose of Step Up to Form is to adjust the cost basis of an asset to its fair market value at the time of the original owner's death.

What information must be reported on step up to form?

Information such as the original cost basis of the asset, the date of death of the original owner, and the new cost basis of the asset must be reported on Step Up to Form.