Question: Eng and Lew, both US citizens, died in 2011. Eng made taxable lifetime gifts of $400,000 that are not included in Engs gross estate. Lew
Eng and Lew, both US citizens, died in 2011. Eng made taxable lifetime gifts of $400,000 that are not included in Eng’s gross estate. Lew made no lifetime gifts. At the dates of death, Eng’s gross estate was $3,600,000, and Lew’s gross estate was $4,800,000. A federal estate tax return must be filed for Eng Lew
a. No No
b. No Yes
c. Yes No
d. Yes Yes
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