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67.Ms. Hair Noh died during the year on July 1, 2009, leaving 2 heirs, Gay and Bald. The estates of Ms. Noh undergo judicial
67.Ms. Hair Noh died during the year on July 1, 2009, leaving 2 heirs, Gay and Bald. The estates of Ms. Noh undergo judicial settlement. The following relates to the gross income of Ms. Noh, Gay and Bald in 2009. Before Ms. Noh's After Ms. Noh's death death Ms. Noh P P 400,000 300,000 Bald (2 200,000 P180,00 dependents) 0 Gay (1 300,000 250,000 dependent) Bald and Gay received P80,000 distribution each from the executor of Ms. Noh's estate during the year. of the respective distributions to Bald and Gay came from the corpus of the estate. Compute the 2009 taxable income of Ms. Noh. b. P375,000 a. P350,000 c. P650,000 d P600,000
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