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Various types of losses incurred by a decedents estate were as follows: Loss due to typhoon, a day before the decedents death, P1,000,000 Loss due
Various types of losses incurred by a decedents estate were as follows:
Loss due to typhoon, a day before the decedents death, P1,000,000
Loss due to shipwreck, 6 months after the decedents death, 500,000
Loss due to robbery, 1.5 years after the decedents death, 2,000,000
Gambling losses before death, 2,250,000
How much is the deductible losses from the gross estate of the decedent?
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