Question: Brian is preparing the Form 1041 for the Stewart Gardner Estate, and he needs to know what taxes he can deduct. Listed below are the
Brian is preparing the Form 1041 for the Stewart Gardner Estate, and he needs to know what taxes he can deduct. Listed below are the taxes that Brian finds on the trial balance. Which one cannot be deducted in preparing the return?
a) Foreign real estate taxes
b) State personal property taxes
c) Federal income taxes
d) Foreign or U.S. possession income taxes
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