United States IRC sections
Statute section
IRC section 2032
Alternate valuation
Country
United States
Section
2032
Updated
2026-05-20
Operative text
Section 2032 allows an executor to elect to value the gross estate as of the date six months after the decedent's death (alternate valuation date) instead of the date of death. The election is available only if it decreases the value of the gross estate AND decreases the federal estate-tax liability.
Cross-references
26 U.S.C. 2031
Related guides
Related citations
Computed from the cross-reference graph. Links open the related entity on this site.
This entry cites
- StatuteIRC §2031
Cited by
- CaseEstate of Newhouse v. Commissioner
- StatuteIRC §2031
Primary sources
- 26 U.S.C. section 2032Verified 2026-05-20
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.