20. Compute the total ordinary deductions from the community property (common) of Reyes.

21. Compute the estate tax.

22. Compute the donor's tax due on the August 17 donation.

23. Compute the donor's tax on the November 8 donation.
 

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Reyes married in 2018 under the absolute community of property regime, died on August 30, 2020. He left the following properties and obligations: Properties: Cash in bank Residential lot inherited from his father on June 12, 2017 Family home: House (community property) Lot (exclusive property of Reyes) Other properties acquired by the spouses during marriage Receivable from his sister (insolvent) Inter-vivos donation from his mother on July 2020, revocable Receivable from SSS (Benefits) Obligations: Unpaid mortgage on the residential lot contracted by the father: At the time of death of father At the time of death of father Claims against the estate (includes unpaid medical expenses of P12,000) Unpaid mortgage on the house Casualty loss (50% was indemnified by the insurance company) 3,000,000 1,200,000 13,000,000 7,000,000 900,000 100,000 150,000 20,000 300,000 100,000 35,000 100,000 60,000 Reyes married in 2018 under the absolute community of property regime, died on August 30, 2020. He left the following properties and obligations: Properties: Cash in bank Residential lot inherited from his father on June 12, 2017 Family home: House (community property) Lot (exclusive property of Reyes) Other properties acquired by the spouses during marriage Receivable from his sister (insolvent) Inter-vivos donation from his mother on July 2020, revocable Receivable from SSS (Benefits) Obligations: Unpaid mortgage on the residential lot contracted by the father: At the time of death of father At the time of death of father Claims against the estate (includes unpaid medical expenses of P12,000) Unpaid mortgage on the house Casualty loss (50% was indemnified by the insurance company) 3,000,000 1,200,000 13,000,000 7,000,000 900,000 100,000 150,000 20,000 300,000 100,000 35,000 100,000 60,000

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21The total ordinary deductions from the community property of Reyes is P1212000 P1212000 P3000000 1... View the full answer