Mary dies in 2016, and included in her gross estate are the following assets: a. How much

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Mary dies in 2016, and included in her gross estate are the following assets:

a. How much is included in her gross estate if the alternate valuation date is elected?
b. Suppose all of Mary's assets pass to her surviving spouse?

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South Western Federal Taxation 2017 Corporations, Partnerships, Estates And Trusts

ISBN: 9781305874336

40th Edition

Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young

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Question Posted: Sep 19, 2016 08:40 AM

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Mary dies in 2016, and included in her gross estate are the following assets: a. How much

Question:

Fair Market Value Date of Death Six Months Later Stock in Orange Corporation Stock in Crimson Corporation 3,000,000 6,100,000 $3,100,000 5,900,000

Step by Step Answer:

a 9000000 3100000 5900000 b The 2032 election cannot be m...View the full answer

South Western Federal Taxation 2017 Corporations, Partnerships, Estates And Trusts

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