Author Question: After the gross estate is calculated, cash can be deducted from the table estate, thus adjusting the ... (Read 93 times)

Garrulous

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Question 1

Portability allows a surviving spouse to use any unused portion of the deceased spouse's exclusion amount, thus reducing his or her estate tax liability.


◦ true
◦ false

Question 2

After the gross estate is calculated, cash can be deducted from the table estate, thus adjusting the gross taxable estate.


◦ true
◦ false


tranoy

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