Page 611 - TaxAdviser_2022

Volume 53, Number 12 December 2022

TAX CLINIC

Tax considerations on
charitable giving of
cryptoassets ...................................7
Tax practitioner issues
related to Sec. 1202
exclusion reporting ..................... 9
Sec. 163(j) business interest
limitation: New rules for 2022 .... 11

Tax planning issues to
consider when assisting
clients in a divorce ...................... 13
Real estate dealer or
investor? A recent Tax Court
case ........................................... 16
Continued challenges
involving teleworking
employees: The new normal ...... 18
Cryptoasset issues in state
and local taxation ....................... 19
22 Taxpayer marital status and the QBI
deduction

By John J. Masselli DEPARTMENTS
The qualified business income (QBI) deduction may cause a marriage penalty or
bonus for married couples. This article provides an analysis in four scenarios of
whether the QBI deduction will cause a marriage penalty or bonus and discusses STATE & LOCAL TAXES ................ 44
whether the existence of a marriage penalty or bonus affects couples’ decision to TAX PRACTICE
marry.
MANAGEMENT ............................ 50
32 Recent developments in estate PERSONAL FINANCIAL
planning: Part 2 PLANNING .................................... 54
By Justin Ransome CASE STUDY ................................ 58
In this second installment of an annual update on trust, estate, and gift taxation, the TAX TRENDS ................................. 62
topics include split-dollar life insurance arrangements, indirect gifts, formula clauses
in transfers of limited partnership interests, valuation discounts, and grantor retained
annuity trusts. The first installment of the annual update appeared in the November Tax News
2022 issue, and the third installment will appear in the January 2023 issue.
For the latest tax news, visit
TheTaxAdviser.com.
On the cover and above: Images by Adrienne Bresnahan/Getty Images

2 December 2022 The Tax Adviser