Tax Law Update: May 2019

David A. Handler and Alison E. Lothes highlight the most important tax law developments of the past month.

David A. Handler, Alison E. Lothes | Apr 17, 2019

Resources

• Deduction for income in respect of a decedent (IRD) denied—In Schermer v. Commissioner, T.C. Memo. 2019-28 (April 4, 2019), the Internal Revenue Service disputed an income tax deduction taken on Jill Schermer’s 2014 income tax return. Jill’s husband Robert died in 2002. His father, Albert, had predeceased him in 1999 and left him two individual retirement accounts and an annuity. In 2014, Jill inherited the IRAs and annuity from Robert, and she reported

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.

If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.

Questions about your account or how to access content?

Contact: [email protected]

Hide comments

Comments

Plain text