Question
Choose the response that correctly describes how decedents are allowed to claim deductions on their final return. When a taxpayer dies, they are entitled to
Choose the response that correctly describes how decedents are allowed to claim deductions on their final return. When a taxpayer dies, they are entitled to claim deductions for all the expenses paid and for qualifying donations made prior to their death.
On a decedent's final return, the standard deduction must be prorated through the date of death. Only the prorated portion may be deducted.
Medical expenses are only deductible through the date of death. Payments made after the date of death are not deductible on the final tax return.
Decedents are not allowed to deduct any charitable donations made prior to death if they mailed a check, but it was not cashed prior to the date.
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