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Decedent Returns Question 19 of 25. Major Phillip Smith was an astronaut employed by NASA. He died as the result of a shuttle malfunction in

Decedent Returns Question 19 of 25. Major Phillip Smith was an astronaut employed by NASA. He died as the result of a shuttle malfunction in 2022. Which of the following is true of his final tax return? His final-year AGI is adjusted by total wages received from NASA in the year of death. Taxes paid are increased by total social security and medicare taxes withheld from all Forms W-2 in the year of death. Total federal income tax liability is forgiven for the year of death and the immediately preceding year. His unused capital losses or net operating losses may be passed over to his heirs (determined according to his will).X

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