Estate and gift tax charitable deductions / by Edward J. Beckwith, Natanya H. Allan.

By: Beckwith, Edward J [author.].

Contributor(s): Allan, Natanya H [author.].

Material type:

Continuing resourceSeries: Tax management portfolios ; 839-3rd.Publisher: Arlington, VA : The Bureau of National Affairs, Inc., [2022]-Description: volumes (loose-leaf) ; 28 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9781633594005; 1633594009.Subject(s): Inheritance and transfer tax -- United States -- DeductionsFrequency: Updated irregularly

Contents:

Detailed analysis. Scope -- Introduction to estate tax deduction -- Eligible recipients -- [Section] 2055(a) -- Qualifying transfers -- Split-interest transfers -- Amount deductible -- Proof to support deduction -- Disallowance of deduction -- [Section] 2055(a)(2), 2055(a)(3) and 2055(e)(1) -- Nonresident alien decedents -- [Section] 2106(a)(2) -- Introduction to gift tax deduction -- Table of worksheets.

Summary: " ... surveys the estate tax charitable deduction allowed to a decedent's estate by [section] 2055 for transfers to qualifying recipients for public, charitable, religious, and other similar purposes, and the gift tax charitable deduction available to a transferor by [section] 2522 for lifetime transfers. The discussion of the estate tax deduction includes the criteria for eligible [section] 2055 recipients; the requirements for qualifying inter vivos and testamentary transfers; the interaction of [section] 2055 with the [section] 2518 qualified disclaimer; and the special rules that apply when a transfer involves property in which interests are split between charitable and noncharitable recipients. The discussion of the gift tax deduction includes the criteria for eligible [section] 2522 recipients; the requirements for qualifying transfers; and split-interest gifts. The Portfolio also discusses the requirements for obtaining a [section] 2106 charitable deduction for estates of nonresident, noncitizen decedents. The Portfolio is an analysis of the deduction's practical and tax advantages as well as the pitfalls of ineffective planning or no planning."

List(s) this item appears in: December 2022 New Treatises

Holdings ( 1 )
Title notes ( 4 )

Holdings
Item type	Current library	Shelving location	Call number	Vol info	Status	Date due	Barcode
Treatises and Periodicals	Hennepin County Law Library	Treatises	KF6289.A1 T39 839-3rd (Browse shelf(Opens below))	839-3rd	Available		35032002528638

Kept up to date with replacement pages.

"This portfolio revises and supersedes 839-2nd T.M."

" ... surveys the estate tax charitable deduction allowed to a decedent's estate by [section] 2055 for transfers to qualifying recipients for public, charitable, religious, and other similar purposes, and the gift tax charitable deduction available to a transferor by [section] 2522 for lifetime transfers. The discussion of the estate tax deduction includes the criteria for eligible [section] 2055 recipients; the requirements for qualifying inter vivos and testamentary transfers; the interaction of [section] 2055 with the [section] 2518 qualified disclaimer; and the special rules that apply when a transfer involves property in which interests are split between charitable and noncharitable recipients. The discussion of the gift tax deduction includes the criteria for eligible [section] 2522 recipients; the requirements for qualifying transfers; and split-interest gifts. The Portfolio also discusses the requirements for obtaining a [section] 2106 charitable deduction for estates of nonresident, noncitizen decedents. The Portfolio is an analysis of the deduction's practical and tax advantages as well as the pitfalls of ineffective planning or no planning."