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To determine federal estate tax, the estate tax payable before credits is reduced by which of the allowable means? Credit for pre-1960 gift tax. Unified

To determine federal estate tax, the estate tax payable before credits is reduced by which of the allowable means?

  1. Credit for pre-1960 gift tax.
  2. Unified credit.
  3. Credit for tax paid on prior transfers (or previously taxed property credit).

Question 13 options:

I and II

II only

II and III

I, II, and II

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