Presuming that the special-use valuation election is properly made for a decedent who died in 2019, what value is included in the gross estate in each of the following independent situations? $$\begin{array} { c c }
&\text { Special Use } & \text { Best Use } \
&\text { Value } & \text { Value } \
\text { Situation A }&\$ 4,000,000 & \$ 4,900,000 \
\text { Situation B }&1,200,000 & 3,000,000
\end{array}$$

Question

Presuming that the special-use valuation election is properly made for a decedent who died in 2019, what value is included in the gross estate in each of the following independent situations? $$\begin{array} { c c } 
&\text { Special Use } & \text { Best Use } \
&\text { Value } & \text { Value } \
\text { Situation A }&\$ 4,000,000 & \$ 4,900,000 \
\text { Situation B }&1,200,000 & 3,000,000
\end{array}$$

Quizplus · Accepted Answer

The Answer of Presuming that the special-use valuation election is properly made for a decedent who died in 2019, what value is included in the gross estate in each of the following independent situations? $$\begin{array} { c c } 
&\text { Special Use } & \text { Best Use } \
&\text { Value } & \text { Value } \
\text { Situation A }&\$ 4,000,000 & \$ 4,900,000 \
\text { Situation B }&1,200,000 & 3,000,000
\end{array}$$

Presuming That the Special-Use Valuation Election Is Properly Made for a Decedent