Cash Renting After Death: A Problem for Installment Payment of Federal Estate Tax? Harl, Neil
dc.contributor.department Iowa State University Digital Repository 2018-02-19T00:45:14.000 2020-06-29T22:53:34Z 2020-06-29T22:53:34Z 2017-10-30 2003-08-08
dc.description.abstract <p>Ordinarily, land that is cash rented after death which is subject to an election to pay federal estate tax in installments is considered “distributed, sold, exchanged, or otherwise disposed of” and the deferred tax is accelerated if the value of assets involved (plus all previous distributions, sales or disposition of assets after death) equals 50 percent or more of the date-of-death value of the interest in a closely-held business which qualified for installment payment. However, a recent private letter ruling has allowed cash renting of farmland after death without acceleration being triggered.</p>
dc.identifier archive/
dc.identifier.articleid 1691
dc.identifier.contextkey 10972214
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath aglawdigest/vol14/iss15/1
dc.source.bitstream archive/|||Fri Jan 14 17:49:37 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Agriculture Law
dc.subject.disciplines Public Economics
dc.title Cash Renting After Death: A Problem for Installment Payment of Federal Estate Tax?
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isJournalIssueOfPublication 1c7f344e-d0a4-47b9-b447-6fa53f8ef8d3
relation.isOrgUnitOfPublication d2bcee6c-7cba-4fa7-bd11-543354ce7b1b
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
19.33 KB
Adobe Portable Document Format