The Philmore Estate is subject to a 40% Federal estate tax rate and a 25% Federal and state income tax rate.
Generally, an administrative expense should be claimed on the estate tax return.

Question

Quizplus · Accepted Answer

Administrative expenses, which are the expenses incurred in the administration of the estate, are generally deductible on the estate tax return. This can help reduce the overall estate tax liability.

The Philmore Estate Is Subject to a 40% Federal Estate