Kimberly R. Hale v. Commissioner

T.C. Memo. 2018-93

UNITED STATES TAX COURT KIMBERLY R. HALE, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket Nos. 18664-14, 10262-15.1 Filed June 26, 2018. P and H filed joint Federal income tax returns for the years 2004 through 2009. Although each return reported a liability owed, that liability was not paid with the filing of the return. P did not become aware of the unpaid liabilities until after H's death. During his life, H, who was the family's sole income earner, funded life insurance policies that provided P with almost $8 million of benefits upon his death. The…