Tax Refund Property Of The Estate?
Posted: Sat Feb 13, 2010 3:07 pm
Dear Jeffrey:
There is an open question as to whether a refund due a TP who did not
make short period election can be claimed as property of the estate. The
case of Segal v Rochelle, 382 US 375, (1966)
held the refund was part of the estate. Courts since have in some cases,
apportioned the refund.
Good Luck starts with a strategy and a plan. Form a strategic alliance
with
Robert J. Suhajda, MS,CPA
17721 Norwalk Blvd. #43
Artesia, CA 90701
562-924-8922
Income Tax for Attorneys, Bankruptcy, IRS representation,
Fiduciary income tax returns, Estate and Gift tax returns,
Trust Protector, Independent Trustee, Court Accountings
In a message dated 1/27/2010 9:05:54 A.M. Pacific Standard Time,
DavidTilem@TilemLaw.com writes:
No rule of law applicable. Common sense approach adopted by most, if notall, is to pro-rate.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, , G, ,
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