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Widow and surviving spouse tax tips

Varies

Can You Write Off Widow and surviving spouse tax tips?

Short answer: You can file jointly for the year of death and as a qualifying surviving spouse for two more years if you have a dependent child.

Inherited assets generally get a stepped-up basis to their value at death.

Records to keep: Keep receipts, statements, and a simple log of business purpose; compare itemizing to the standard deduction each year.