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Step-Up in Basis Calculator: what steps up, by title

2026 law · reviewed September 6, 2026

The fraction of an asset that takes the date-of-death value, by form of ownership (§ 1014; § 2040)
How the asset was heldIncluded in the decedent's estateSteps upAuthority
By the deceased aloneAllAll§ 1014(a)(1)
Joint with the surviving spouse (right of survivorship, or by the entirety)One-halfOne-half§ 2040(b); § 1014(b)(9)
Community property (not Illinois)One-halfAll, both halves§ 1014(b)(6)
Tenancy in commonThe decedent's shareThe decedent's share§ 1014(a)(1)
Joint with someone other than a spouseAll, less what the survivor proves they paidThe included part§ 2040(a); § 1014(b)(9)
By the survivor aloneNoneNone§ 1014
An IRA, 401(k), or annuity (income in respect of a decedent)AllNone: no step-up§ 1014(c)

The fraction of an asset that takes the date-of-death value, by form of ownership (§ 1014; § 2040).

Educational only, not investment, tax, or legal advice. Results are hypothetical estimates that vary with each use and over time and are not guaranteed accurate or complete. Using this tool creates no client relationship with Considerate Capital, and the site that linked here is not affiliated with it. By using it you agree to the tool terms.