Jen inherits her father's farm,and the executor of the estate properly makes a § 2032A election.Six years later,Jen sells the farm.It is determined that the election,which allowed $600,000 in value to be excluded,saved $120,000 in estate taxes.What are Jen's tax options? Tax consequences?

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The Answer of Jen inherits her father's farm,and the executor of the estate properly makes a § 2032A election.Six years later,Jen sells the farm.It is determined that the election,which allowed $600,000 in value to be excluded,saved $120,000 in estate taxes.What are Jen's tax options? Tax consequences?

Jen Inherits Her Father's Farm,and the Executor of the Estate