Decedent cash basis

  • Creator
    Topic
  • January 10, 2021 at 12:29 am #3206234
    animalwithin
    Participant

    Q: Income in respect of a cash basis decedent

    A: Covers income earned before the taxpayer’s death but not collected until after death

    How is this cash basis? Isn’t the answer describing the accrual basis of accounting?

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