American College Exam HS330 Topic 1 Question 84 Discussion

Actual exam question for American College's HS330 exam

Question #: 84
Topic #: 1

Which of the following statements concerning the estate tax marital deduction is correct?

AThe marital deduction available to a decedent in a common-law state is equal to one half the adjusted gross estate.

BThe marital deduction available to a decedent in a community-property state is equal to the total amount of community property.

CThe marital deduction available to a decedent in a common-law state is equal to the net amount of qualifying property passing to the surviving spouse.

DThe marital deduction available to a decedent in a common-law state is limited to a maximum of $1 million.

Show Suggested Answer

Suggested Answer: B

by Charlene at Apr 14, 2024, 10:03 PM

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10 days ago

I think the correct statement is C.

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