Identify which of the following statements is true.
A) Property included in a decedent's gross estate consists of only that property to which the decedent held title.
B) The tax base for the federal estate tax is the total of the decedent's taxable estate and post- 1976 taxable gifts.
C) Funeral expenses are not deductible from the gross estate.
D) All of the above are false.
Correct Answer:
Verified
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