Biology Forums - Study Force

Identify which of the following statements is false.
A) Federal estate taxes related to income in respect of a decedent (IRD) is deductible by the estate in the year the IRD is includible in the estate's gross income.
B) An example of deductions in respect of a decedent (DRD) are property taxes that accrued prior to the decedent's death but were not paid until after death.
C) Items of IRD receive a step-up in basis as a result of the decedent's death.
D) Interest earned but not received before death is IRD.

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