Estate of Lillian Beckenfeld v. Commissioner: IRS Levy Against Estate for Unpaid Additions to Tax & Interest Sustained

In Estate of Lillian Beckenfeld v. Commissioner, T.C. Memo. 2017-25, the Tax Court sustained an IRS levy determination against the Estate of Lillian Beckenfeld to collect unpaid additions to tax and interest stemming from a late-filed gift tax return.  In doing so, the court rejected the estate’s argument that a check sent to the Service by the decedent’s husband’s estate was intended to cover the decedent’s unpaid tax liability.

See full opinion at Estate of Lillian Beckenfeld v. Commissioner, T.C. Memo. 2017-25

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.