Expenses of administering an estate can be deducted either from the gross estate in figuring the federal estate tax or from the estate's gross income in figuring the estate's income tax.
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Q13: An employer identification number (EIN), assigned by
Q14: The personal representative does not need to
Q15: An estate's income is reported on IRS
Q16: An estate's annual income must be reported
Q17: Only income that was received up to
Q19: In 2012, a federal estate tax return
Q20: On the estate tax return, one-half of
Q21: The top federal estate tax rate in
Q22: In determining the decedent's gross estate, real
Q23: Incidents of ownership relative to life insurance
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