How would you advise the client to treat the expenses


Problem: You review a client's Form 706 and notice that it contains (1) $50,000 of administrative expense, (2) $20,000 of funeral expenses, and (3) $10,000 in medical expenses from decedent's final illness. The entire gross estate is below $1 million and no tax is due. How would you advise the client to treat the above expenses?

Request for Solution File

Ask an Expert for Answer!!
Taxation: How would you advise the client to treat the expenses
Reference No:- TGS03285821

Expected delivery within 24 Hours