Meeting the Passive Loss Requirements as a Surviving Spouse

Thumbnail Image
Date
2009-04-17
Authors
Harl, Neil
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Research Projects
Journal Issue
Series
Abstract

The Internal Revenue Service has addressed, in a technical advice memorandum,1 the cross-referencing from the special use valuation rules2 to the passive activity rules3 in determining whether the material participation rules (on a regular, continuous and substantial basis) were met for a farming operation after the death of the husband and before the death of the wife.5 The farm operation was conducted through a limited liability company wholly owned by a grantor trust.6

Comments
Description
Keywords
Citation
DOI
Source
Copyright
Collections