Executors of 2010 decedents can opt out of the estate tax regime byfilinga special form: Form 8939, Allocation of Increase in Basis for Property Acquired From a Decedent.
Whistleblowers may be eligible for a reward byfilingForm 211, Application for Award for Original Information, and following the procedures outlined in Notice 2008-4, Claims Submitted to the IRS Whistleblower Office under Section 7623.
It was not clear whether filingForm 4768 to extend the time to file Form 706 or pay the estate tax prevented an executor from opting out of the estate tax at a later time byfilingForm 8939.
It is a symptom of a profession that is weighed down by too many initiatives, too much bureaucracy and form-filing and too much disruptive pupil behaviour in the classroom.
The filing was submitted by U.S. Justice Department attorneys representing the White House, in the form of a response to questions by Judicial Watch, and verified by Lindsey in an attachment.