[WSBAPT] WA estate tax deduction question

[Sara D. Longley]

Hello listmates,

 

I'm preparing a WA estate tax return, and of course the PR would like to
deduct expenses relating to getting the real estate ready for sale.  Taxes
and utilities are deductible since they go to maintaining the asset, but the
instructions seem to disallow expenses of selling (Realtor fees, etc) unless
"the sale is necessary to pay the decedent's debts, the expenses of
administration, or taxes, or to preserve the estate or carry out
distribution."  

 

There are two beneficiaries and the value of the real estate is less than
half of the estate value, so the sale is not technically necessary to divide
the estate, nor are the sale proceeds needed to cover debts, taxes, or other
expenses.  

 

Is there any reasonable basis on which to claim the expenses relating to the
real estate sale are allowable deductions from the estate?

 

Many thanks in advance for your sage advice!

 

Best,

Sara Longley

 

Sara D. Longley

Ivy Law Group, PLLC

1734 NW Market Street

Phone: (206) 706-2909

Fax: (206) 834-6044

 <mailto:sara at ivylawgroup.com> sara at ivylawgroup.com

Pronouns: she, her, hers

 

 



 

 

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