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Justices Affirm Taxing Of Estate On Insurance Payout

By Anna Scott Farrell · June 6, 2024, 10:29 AM EDT

The U.S. Supreme Court affirmed on Thursday a decision denying a tax refund to the estate of an owner of a building materials company that used a payout from his $3.5...

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Documents

Opinion

Case Information

Case Title

Thomas A. Connelly, as Executor of the Estate of Michael P. Connelly, Sr., Petitioner v. Internal Revenue Service

Case Number

23-146

Court

Supreme Court

Nature of Suit

2870 Tax Suits

Date Filed

August 16, 2023

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