Identify which of the following statements is true?

1-If a stock redemption is made by an estate following the decedent's death, the redemption may receive capital gains treatment only if the money is actually used to pay the death taxes.

2-Attribution rules do not apply to qualified Sec 303 stock redemptions.

3-The value of the decedent's stock satisfies the Sec 303 minimum if it is less than 35% of the decedent's gross estate

4-Attribution rules do apply to qualified Sec 303 stock redemptions.

Answer rating: 100% (QA)

The attribution rules do apply to qualified Sec 303 stock redemptions This is because the r... View the full answer