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Tracey is unmarried and owns $7 million in stock and bonds. What is the result if Tracey dies in 2019 and leaves all of her
Tracey is unmarried and owns $7 million in stock and bonds. What is the result if Tracey dies in 2019 and leaves all of her property to a qualified charity?
A. Tracey's gross estate will be zero.
B. Tracey's estate tax basis will be zero.
C. Tracey's taxable estate will be zero.
D. Tracey's estate will have a tenative estate tax of zero.
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