Supreme Court Won't Hear $3.2M IRS Trust Penalty

By David Hansen · January 10, 2022, 5:41 PM EST

An estate that was owner and beneficiary of a foreign trust faces a $3.2 million penalty for failing to report a distribution after the U.S. Supreme Court on Monday let stand...

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Case Information

Case Title

Emily S. Wilson, as Executrix of the Estate of Joseph A. Wilson, et al., Petitioners v. United States

Case Number

21-631

Court

Supreme Court

Nature of Suit

Date Filed

October 29, 2021