This time, exclude the IRD assets from the calculation (Step 2). Next, compare the difference in federal estate-tax liability from Steps 1 and 2. The difference represents the estate tax that was levied on the
Examples of IRD assets; Minimum distribution rules for qualified retirement plans and IRA; Definition of a designated beneficiary; Postmortem income tax planning with the IRD deduction; IRD deduction calculation.KassimirMauriceR.SherrodToniaMaisel