Based on the most recent IRS data available, determine the following. a. On how many Forms 706
Question:
Based on the most recent IRS data available, determine the following.
a. On how many Forms 706 was a charitable contribution claimed?
b. What was the total dollar amount of the charitable contribution deductions that were claimed? What percentage of the adjusted gross estate does this represent?
c. Were deductible charitable contributions made proportionately by all decedents?
Were wealthier decedents more or less generous to charity? Illustrate your findings on this point in a graph, and send your report to your instructor.
Step by Step Answer:
Related Book For
South Western Federal Taxation 2013 Corporations Partnerships Estates And Trusts
ISBN: 9781133495574
36th Edition
Authors: William H. Hoffman, William A. Raabe, James E. Smith, David M. Maloney
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