Permalink Submitted by Alan - IRA critic on Mon, 2024-08-19 17:27
Yes. If the disclaimed IRA goes to someone other than the surviving spouse, the decedent cannot use the marital deduction for that amount, and therefore the decedent will “use” their exclusion on it, thereby reducing the unused exclusion amount available for portability.
Permalink Submitted by Alan - IRA critic on Mon, 2024-08-19 17:27
Yes. If the disclaimed IRA goes to someone other than the surviving spouse, the decedent cannot use the marital deduction for that amount, and therefore the decedent will “use” their exclusion on it, thereby reducing the unused exclusion amount available for portability.