How many states will not elect
either a Governor or a Senator?
If a company's sole purpose in adding a subsidy is to allow key employees to elect
more tax-free benefits under the cafeteria plan, the subsidy method is too costly.
Initially, most taxpayers elect
the recalculation method.
Category 2 transfer: Statement: T hereby elects
that the automatic allocation rules will not apply to the $100,000 transferred to B on March 1, 2006.
They officially elect
the President and Vice President.
Treatment as GST trust: If the transferor wants to elect
to treat a trust as a GST trust (#3 above), Prop.
When a husband and wife elect
gift-splitting for gift tax purposes, each spouse is also treated as the transferor of one-half of the gift for GST purposes, under Sec.
6013 allows a husband and wife to elect
to file a joint return.
Next to be considered is the relationship of one spouse filing as head of household and the other spouse married filing separately with the eligibility of the spouses to use the standard deduction and the right to elect
to itemize deductions.
For taxable bonds issued after July 18, 1984 and/or purchased after April 30, 1993 (and for tax-exempt bonds purchased after April 30, 1993), the taxpayer may elect
whether to amortize the market discount on an annual basis (under Sec.
Beginning in 1998, an individual engaged in a farming business can elect
to treat all or a portion of his taxable income attributable to farming as "elected
In some of the more interesting rulings to date regarding a new enterprise, practitioners filed a Form SS-4, Application for Employer Identification Number, and thought it was sufficient to elect
The situation at issue involves a will that allows the executor to elect
any amount as QTIP.