The federal estate tax may be reduced by a credit for state

Gift taxes on gifts made two years before death. Income taxes paid in the year of death. Death taxes. Intangible property taxes.

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Identify the correct statement about Schedules M-1 and M-3: Reconciles Book Income (Loss) with Distinguishes Between Permanent and Income per Return Temporary Differences Both Schedule M-1 and Schedule M-3 Schedule M-3 Only Schedule M-1 Only Both Schedule M-1 and Schedule M- 3 Both Schedule M-1 and Schedule M-3 Neither Schedule M-1 nor M-3 Both Schedule M-1 and Schedule M-3 Schedule M-1 Only