business
Hold Appreciated Stock Until Death: How One Family Avoids $320,000 in Capital Gains Tax
Key takeaways
- Selling $1.3 million in gains during life triggers roughly $320,000 in combined federal and state taxes that holding until death eliminates entirely.
- Spend traditional IRA and 401(k) funds before touching appreciated brokerage shares, since pre-tax accounts never receive a step-up in basis.
- SmartAsset s free tool can match you with a financial advisor in minutes to help you answer that today.
Hold Appreciated Stock Until Death: How One Family Avoids $320,000 in Capital Gains Tax Ian Cooper Fri, June 12, 2026 at 9:41 PM GMT+7 5 min read Quick Read Under IRC §1014, heirs inherit appreciated assets at fair market value at death, erasing embedded gains and saving one family roughly $290,000 in taxes.
Selling $1.3 million in gains during life triggers roughly $320,000 in combined federal and state taxes that holding until death eliminates entirely.
Spend traditional IRA and 401(k) funds before touching appreciated brokerage shares, since pre-tax accounts never receive a step-up in basis.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop