- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Also, costs that "commonly or customarily would be incurred by a hypothetical individual holding the same property" are not deductible merely because the property is held in an estate or trust.
See https://www.thetaxadviser.com/issues/2014/aug/cantrell-aug14.html
March 1, 2025
9:20 AM