Federal estate tax

Question 0

The federal estate tax may not be reduced by a credit of

Foreign death taxes.

Credit for estate tax paid on a prior transfer of the same property within ten years of the death of the decedent.

Gift taxes paid on pre-1977 gifts.

State death taxes paid.

Answer 0

State death tax

Question 1

The income distribution deductions is..

Answer 1

Lessor of
1. Taxable DNI
OR
2. The actual distribution reduced by tax-exempt income.

Question 2

The income distribution deductions is..

Answer 2

Lessor of
1. Taxable DNI
OR
2. The actual distribution reduced by tax-exempt income.

Question 3

The income distribution deductions is..

Answer 3

Lessor of
1. Taxable DNI
OR
2. The actual distribution reduced by tax-exempt income.