An Example of Income in Respect to a Decedent (IRD)

question 80

Multiple Choice

An example of income in respect to a decedent (IRD) for a cash method of accounting taxpayer is

• A) salary earned but not received prior to death.
• B) interest earned but not received prior to death.
• C) gain from an installment sale entered into before death.
• D) All of the above are examples.

---

Definitions:

Vygotsky

Lev Vygotsky was a Soviet psychologist who developed a sociocultural approach to cognitive development.

Self-Fulfilling Prophecy

A belief or expectation that influences one’s actions in a way that causes the belief to become a reality, thereby confirming itself.

Labels

Tags or names assigned to individuals or items that categorize them, often oversimplifying and leading to stereotypes or misconceptions.

Life Script

A theory describing how we live out the narratives we have developed about our lives, often unconsciously, based on past experiences.