What examples of property subject to federal estate tax. Give imaginary figures for your examples (e.g, $10,000
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Question:
- What examples of property subject to federal estate tax. Give imaginary figures for your examples (e.g, $10,000 to Mary Joe as provided in paragraph 3 of decedent's will). Using the examples, list a fact situation from which a sample federal estate tax return can be completed.
- Explain the martial deduction and its use. Review this section of the Internal Revenue Code where it is discussed.
- List the expenses, claims(debts), directions, and credits allowed by the federal government when computing the federal estate tax.
- List examples of charitable deductions.
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