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IRD income subject to income taxes a.is not subject to the double taxation of estate taxes b.is subject to probate estate tax proceedings if income

IRD income subject to income taxes

a.is not subject to the double taxation of estate taxes

b.is subject to probate estate tax proceedings if income is subject to the highest estate tax permissible under law

c.is also included in the federal taxable estate of the decedent

d.specifically excludes zero-basis accounts receivable

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