Bob is one of the income beneficiaries of the LaQuanda Estate, which is subject to a 45% marginal Federal estate tax rate, a 35% marginal Federal income tax rate, and a 5% marginal state income tax rate.This year, Bob received all of the sales commissions that were earned and payable to Lulu LaQuanda (cash basis) at her death.Compute Bob's § 691(c) deduction for the current year, given the following data.

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The Answer of Bob is one of the income beneficiaries of the LaQuanda Estate, which is subject to a 45% marginal Federal estate tax rate, a 35% marginal Federal income tax rate, and a 5% marginal state income tax rate.This year, Bob received all of the sales commissions that were earned and payable to Lulu LaQuanda (cash basis) at her death.Compute Bob's § 691(c) deduction for the current year, given the following data.

Bob Is One of the Income Beneficiaries of the LaQuanda