Schedules A, B, C, E, and F. Mark for follow up Question 46 of 75. How do state estate tax payments or state death tax payments affect the estate tax return The amount of tax paid is excluded from the gross estate. The amount of tax paid is a deduction from the gross estate. The amount paid is a credit against the estate tax They do not affect the estate tax return. Mark for follow up Question 47 of 75. How do you elect portability ? The election is made by checking the box on Schedule M of Form 706. The election is made on the decedent's final Form 1040. The election is made by filing Form 706 in a timely and complete manner if there is a surviving spouse. The election is made on the first-year filing Form 1041. Mark for follow up Question 48 of 75. Ellen died with the following property: house in joint tenancy with her boyfriend, stocks owned individually account held individually, and her household goods. What schedules must her executor complete hele O Schedules A, B, and C. ed