Question
What is the effect of a bequest to a U.S. citizen spouse on the decedents estate,s form 706? The bequest: 1- increases the value of
What is the effect of a bequest to a U.S. citizen spouse on the decedents estate,s form 706?
The bequest:
1- increases the value of the gross estate.
2- is taxable to the surviving spouse
3- is deducted on form 706
4- has no effect on total estate tax due
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Business Accounting An Introduction To Financial And Management Accounting
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
2nd Edition
0230276237, 978-0230276239
