Question: ndicate whether the following statements are True or False regarding the taxation of estates. a . An estate must use a calender year for its

ndicate whether the following statements are "True" or "False" regarding the taxation of estates.
a.An estate must use a calender year for its tax year.
TrueFalse
b.An estate may use many of the tax accounting methods available to individuals.
TrueFalse
c.All estates are allowed a personal exemption of $600.
TrueFalse
d.The alternative minimum tax (AMT) may apply to an estate in any tax year.
TrueFalse

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