### Question
How does Procedure and Administration define inconsistent estate basis?


### Answer
Under *26 U.S.C. § 6662*, **inconsistent estate basis** is defined as:

> any portion of an underpayment attributable to the failure to comply with section 1014(f)

#### Citation:
  - *26 U.S.C. § 6662*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 68-ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES > Subchapter A-Additions to the Tax and Additional Amounts > PART II-ACCURACY-RELATED AND FRAUD PENALTIES**

