which are true with respect to the final tax return of a deceased individual? I. All capital
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Question:
which are true with respect to the final tax return of a deceased individual?
I. All capital property is deemed to be disposed of when a person dies.
II. RRSP assets can be rolled over to a surviving spouse free of tax.
III. beneficiaries of an estate pay taxes on their inheritances at the lowest tax rate.
Options:
a) II and III
b) I and III
c) I,II,III
d) I and II
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