Skip navigation

Tax Law Update: May 2019

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

• 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

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.