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Income in respect of a cash basis decedent:

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Income in respect of a cash basis decedent:

a) Covers income earned before the taxpayers death but not collected until after death

b) Receives a stepped-up basis in the decedent's estate

c) Must be included in the decedent's final income tax return

d) Cannot receive capital gain treatment

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a) covers income earned before the taxpayers death but not collected until after death

This is correct. The income in respect of a cash ...

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