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Estate Tax
The estate of Mr. Bartels filed a U.S. Estate and
Generation-Skipping Transfer Tax Return, Form 706, with the
Internal Revenue Service at Kansas City, Missouri, on
February 21, 1990. It reported a total estate tax liability of
$3,582,245, which was paid as follows:
February 20, 1990 $3,312,643
February 20, 1990 109,602
February 20, 1990 80,000
February 21, 1990 80,000
Total Payments $3,582,245
Respondent assessed the estate tax liability, in the amount
of $3,582,245, on April 9, 1990.
On November 18, 1991, respondent assessed a deficiency in
estate tax of $94,364, plus statutory interest of $17,094.88.
Both amounts were fully paid on September 18, 1991.
On the original estate tax return, the estate did not claim
any deduction for debts of the decedent, Mr. Bartels, to
respondent for income tax liabilities for the 1981 and 1982 tax
years. Thus, on September 14, 1993, the estate filed an amended
estate tax return, claiming deductions from the taxable estate
for the following:
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Last modified: May 25, 2011