PLR 201710016: Extension Granted for Carryover Basis

In PLR 201710016, the Service granted an estate of a 2010 decedent an extension to file Form 8939, “Allocation of Increase in Basis for Property Acquired from a Decedent,” and thereby make a section 1022 election.

See PLR 201710016 by clicking her.

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