Identify Which of the Following Statements Is True

question 17

Multiple Choice

Identify which of the following statements is true.

• A)In general, an estate tax return is not required to be filed unless the value of the gross estate and adjusted taxable gifts exceeds the exemption equivalent.
• B)Estate taxes must be paid when the return is filed, including any extensions.
• C)The estate tax return is due, ignoring extensions, 12 months after the decedent's date of death.
• D)All of the above are false.