What is the Stepped-Up Basis, and Why Does the Biden Administration Want to Eliminate It?
![](https://www.pgpf.org/sites/default/files/What-is-the-Step-up-Basis-graphic.jpg)
The step-up in basis is a provision in tax law that relates to how assets — such as stocks, bonds, or real estate — are valued and taxed after their owner passes away.
![](https://www.bu.edu/files/2022/01/feat-AP_21020614828389.jpg)
One Year after Joe Biden's Inauguration, BU Experts Give Him a Mixed Review, BU Today
![](https://www.snopes.com/tachyon/2021/02/Screenshot-2021-02-03-at-13.20.14.png)
Did Biden Vow To Eliminate the 'Stepped-Up' Basis for Capital Gains Tax?
![](https://i2.wp.com/financialsamurai.com/wp-content/uploads/2021/05/small-business-as-a-percent-of-GDP.png)
Why The Stepped-Up Basis Must Be Preserved For Our Children
![](https://media-cldnry.s-nbcnews.com/image/upload/t_fit-1500w,f_auto,q_auto:best/newscms/2021_18/3471147/210507-joe-biden-ew-110p.jpg)
Inside the $40-billion-a-year tax 'loophole' Biden's plan would eliminate
![](https://www.novaestatelawyers.com/wp-content/uploads/stepped-up-basis-estate-planning.jpeg)
President Biden's Changes to the Stepped-Up Basis Provision
![](https://www.weatherlyassetmgt.com/wp-content/uploads/2020/08/Table-1.png)
2020 Planning Opportunities: Potential Tax Changes and Roth Conversions - Weatherly Asset Management
![](https://harborlawfirm.com/wp-content/uploads/2021/12/vu-anh-TiVPTYCG_3E-unsplash.jpg)
Step-Up in Basis Tax Benefit for Estate Plan
![](https://www.pgpf.org/sites/default/files/infographic-34-trillion-national-debt-social-thumbnail.png)
What is the Stepped-Up Basis, and Why Does the Biden Administration Want to Eliminate It?
![](https://cdn.mos.cms.futurecdn.net/mSnczed2cZeJRuDKfVV6Ub.jpg)
Biden Hopes to Eliminate Stepped-Up Basis for Millionaires
![](https://static01.nyt.com/images/2021/10/29/upshot/29up-therich-print/28up-therich-superJumbo.jpg)
Billionaires Beat the Working Rich in Biden's Spending Bill - The New York Times
![](https://mccayduff.com/wp-content/uploads/2021/11/nik-shuliahin-L4JWn8HHJ30-unsplash-2198x1440.jpg)
Biden's Estate Tax Proposal Includes Canadians with U.S. Assets
Nineteen Conflict Prevention Tips for the Biden Administration
![](https://imageio.forbes.com/specials-images/imageserve/615492ef68f780c26b2c8592/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds)
Is Repealing The Tax-Free Basis Step Up Really Dead?
![](https://taxfoundation.org/wp-content/uploads/2022/03/Biden-Budget-Top-Rates-May-2022-01-01.png)
Biden Budget & Biden Tax Increases: Details & Analysis
![](https://www.brookings.edu/wp-content/uploads/2023/08/2022-12-02T162924Z_1821877517_RC2QXX9W6KVC_RTRMADP_3_USA-RAILROADS.jpg)
Tracking regulatory changes in the Biden era