The Gibson Estate Is Responsible for Collecting Outstanding Income Amounts

question 6

Essay

The Gibson Estate is responsible for collecting outstanding income amounts and paying the remaining obligations of Juanita Gibson, the deceased. How does Federal income tax law treat these items? Hint: Define and use the term income in respect of a decedent in your answer.

---

Definitions:

AV Node

The atrioventricular node, a component of the heart's electrical system responsible for delaying the transmission of electrical impulses from the atria to the ventricles.

Chronic Obstructive

Referring to chronic obstructive pulmonary disease (COPD), a long-term lung disease characterized by a persistent obstruction of airflow from the lungs.

Nasal Cannula

A medical device used to deliver supplemental oxygen or airflow to a patient needing respiratory help, consisting of a lightweight tube placed under the nostrils.

Semi-Fowler's

A semi-upright lying position where the head and torso are raised between 15 and 45 degrees, often used to improve comfort and breathing for patients.