The heirs of a resident citizen decedent with a total gross estate of P15,000,000 provided the...

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The heirs of a resident citizen decedent with a total gross estate of P15,000,000 provided the following data: Receivable from Juan, a debtor Amount collectible from Juan Unpaid taxes on the estate before death Unpaid taxes on the estate after death Unpaid mortgage on the estate Funeral expense (paid) 700,000 400,000 250,000 50,000 235,000 182,000 37,500 82,000 Unpaid funeral expense Unpaid medical expense Judicial expense Unpaid loans arising from a debt instrument Casualty losses Compute the total allowable deduction from the gross estate 100,000 225,000 165,000 The heirs of a resident citizen decedent with a total gross estate of P15,000,000 provided the following data: Receivable from Juan, a debtor Amount collectible from Juan Unpaid taxes on the estate before death Unpaid taxes on the estate after death Unpaid mortgage on the estate Funeral expense (paid) 700,000 400,000 250,000 50,000 235,000 182,000 37,500 82,000 Unpaid funeral expense Unpaid medical expense Judicial expense Unpaid loans arising from a debt instrument Casualty losses Compute the total allowable deduction from the gross estate 100,000 225,000 165,000

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Total Allowable Deduction Receivable from Juan Unpaid taxes on the estate befor... View the full answer