• 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
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