Which of the Following Is a True Statement

question 97

Multiple Choice

Which of the following is a true statement?

• A)Executor's fees paid by an estate are deductible in computing the gross estate.
• B)Funeral expenses for the decedent paid by an estate are deductible in computing the adjusted gross estate.
• C)An executor can choose to deduct the decedent's funeral expenses on either the estate tax return or the estate's income tax return.
• D)An executor can only deduct the costs of administering the decedent's estate on the estate's income tax return.
• E)None of these is true.