Michael Died in 2013 with a Taxable Estate and Estate

question 65

Multiple Choice

Michael died in 2013 with a taxable estate and estate tax base of $6,000,000. Michael's estate owed no state death taxes. Michael's estate includes $250,000 of income in respect of a decedent (IRD) , none of which is received by his surviving spouse. His estate had no DRD. The estate collects $200,000 of the IRD during its current tax year. The Sec. 691(c) deduction for the estate in current year is

• A)$153,000.
• B)$122,400.
• C)$90,000.
• D)$80,000.

---

Definitions:

Teacher Support

The assistance, encouragement, and guidance provided by teachers to their students, essential for effective learning and academic success.

Academic Achievement

The extent to which a student, teacher, or institution has attained their short or long-term educational goals.

Emotional Health

A state of well-being in which an individual can recognize, express, and manage their emotions effectively while coping with life's challenges.

School Dropout

Refers to an individual who leaves school before completion, often missing the chance to graduate with a diploma or degree.