I finished my estate tax return but I am unsure about a few things and was hoping
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Question:
I finished my estate tax return but I am unsure about a few things and was hoping someone could punch holes in it where I may have missed the mark. One of the things is the unified tax credit. The problem says in the person died in the current year and since we are in 2024, that is what unified tax credit value I am using. But leaving a credit tax payable is where I am struggling with is my calculation correct or not. Also, the gift for the daughter. I applied it to the estate and then take it away in the deductions and I am not sure if that is correct. Again, just wanting to have this looked over by another set of eyes.
Problem:
Related Book For
Federal Taxation 2016 Comprehensive
ISBN: 9780134104379
29th Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
Posted Date: