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American College Exam HS330 Topic 1 Question 62 Discussion

Actual exam question for American College's HS330 exam
Question #: 62
Topic #: 1
[All HS330 Questions]

The decedent, Z, died this year. The facts concerning Z estate are:

Gross estate $3,200,000

Marital deduction $1,100,000

Charitable deduction 80,000

Gifts made after 1976 115,000

State death taxes payable 215,000

What is Z taxable estate?

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Suggested Answer: C

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