Jeung Hong, a widower, died in March 2018. His gross estate was $14.5 million and, at the
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Jeung Hong, a widower, died in March 2018. His gross estate was $14.5 million and, at the time of his death, he owed debts of $60,000. His will made a bequest of $200,000 to his undergraduate alma mater and left the rest of his properry to his children. His administrative expenses were $75,000. What tax issues should the estate's CPA consider when preparing Jeung's estate tax return and his estate's income tax return?
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Global Taxation How Modern Taxes Conquered The World
ISBN: 9780192897572
1st Edition
Authors: Philipp Genschel, Laura Seelkopf
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