Business, 18.08.2020 16:01 Crxymia

Which of the following statements are true for both gratuitous and testamentary transfers? A) A unified credit of up to $1 million reduces the tax on any transfer?
B) An annual exclusion offsets any transfer up to $13,000.
C) An election can be made to spilt a transfer between spouses.
D) A charitable and marital deduction is allowed in computing the taxable transfers.

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Which of the following statements are true for both gratuitous and testamentary transfers? A) A uni...

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