If the Alternate Valuation Date Is Elected by the Executor

question 90

True/False

If the alternate valuation date is elected by the executor in 2018, the total basis of inherited property will be more than what it would have been if the primary valuation date and amount had been used.

---

Definitions:

Shut Down Command

a command or action used to properly close all programs and turn off a computer or device.

Windows

An operating system developed by Microsoft that provides a graphical user interface for personal computers.

Running Apps

Applications that are currently active and executing tasks on a computer or mobile device.

Microsoft Office 2013

A version of Microsoft Office, a collection of productivity programs, which introduced new features and a modern interface.