For income tax purposes, what difference does it make to the parties (i.e., transferor and transferee) whether

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For income tax purposes, what difference does it make to the parties (i.e., transferor and transferee) whether the following assets are transferred by gift or by death?

a. Installment notes receivable.

b. U.S. savings bonds.

c. Property with depreciation recapture potential.

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South Western Federal Taxation 2016 Corporations Partnerships Estates And Trusts

ISBN: 9781305399884

39th Edition

Authors: James Boyd, William Hoffman, Raabe, David Maloney, Young

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Question Posted: Sep 09, 2015 07:14 AM

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For income tax purposes, what difference does it make to the parties (i.e., transferor and transferee) whether

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A The gift of an installment note is a taxable disposition The gift is t...View the full answer

South Western Federal Taxation 2016 Corporations Partnerships Estates And Trusts

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