Decedent D, a calendar year taxpayer, died on October 18 of the current year. The estate...

  

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Decedent D, a calendar year taxpayer, died on October 18 of the current year. The estate of D must use a calendar year for income tax purposes. True False The Section 179 expense is deductible by a partnership or S corporation in arriving at net ordinary income. True False Decedent D, a calendar year taxpayer, died on October 18 of the current year. The estate of D must use a calendar year for income tax purposes. True False The Section 179 expense is deductible by a partnership or S corporation in arriving at net ordinary income. True False

Answer rating: 100% (QA)

False for both the cases In 1st case deceden... View the full answer