Farm families often plan for estate tax and miss the income-tax bill waiting in...

https://wiki-tonic.win/index.php/Why_Does_Selling_Inherited_Equipment_Sometimes_Create_Little_Tax_but_Selling_Gifted_Equipment_Hurt%3F

Farm families often plan for estate tax and miss the income-tax bill waiting in the wings. Learn how equipment can trigger depreciation recapture, and how a basis step-up may lower tax on inherited land.