Section 77:9 Decedents' Estates.
The estates of deceased persons who last dwelt in this state shall be subject to the taxes imposed by this chapter upon all taxable income received by such persons during their lifetime, which has not already been taxed. The income received by such estates during administration shall be taxable to the estate, except such proportion thereof as equals the proportion of the estate to be distributed to non-taxable persons or organizations. The commissioner of revenue administration and executors and administrators of estates may effect a settlement by compromise of any question of doubt or dispute arising under this section.
Source. 1923, 65:7. PL 65:9. 1929, 9:1. RL 78:9. RSA 77:9. 1973, 544:8, eff. Sept. 1, 1973.