Journal Issue:
Agricultural Law Digest: Volume 18, Issue 16

No Thumbnail Available
Volume
Number
Issue Date
Journal Title
Journal ISSN
Journal Volume
Articles
Publication
How Are Bankruptcy Estate Deductions Claimed?
( 2007-08-17) Harl, Neil ; Iowa State University Digital Repository

For nearly a decade, there’s been uncertainty as to how bankruptcy deductions, particularly administrative expense deductions, could be claimed.1 The original position of the Internal Revenue Service that paid administrative expense deductions could not be deducted “above the line” and could only be deducted as miscellaneous itemized deductions to the extent the payments exceed two percent of the adjusted gross income of the bankruptcy estate has now given way to the precisely opposite position.2

Publication
Cases, Regulations, and Statutes
( 2007-08-17) Achenbach, Robert ; Iowa State University Digital Repository
Description
Keywords