American College HS330 Exam - Topic 2 Question 123 Discussion

Actual exam question for American College's HS330 exam

Question #: 123
Topic #: 2

[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?

A$1,590,000

B$1,690,000

C$1,805,000

D$1,920,000

Show Suggested Answer

Suggested Answer: C

by Keneth at Apr 03, 2026, 03:04 PM

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Gregoria

2 hours ago

This question is tricky. I feel unsure about the deductions.

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Charlette

5 days ago

Really? I thought the taxable estate would be higher than that!

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Meaghan

10 days ago

Wait, how do the gifts after 1976 affect this?

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Loren

16 days ago

I think the taxable estate is closer to $1,690,000.

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Gerald

2 months ago

Don't forget the marital deduction of $1,100,000!

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Frederica

2 months ago

Gross estate is $3,200,000.

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Francesco

3 months ago

I’m leaning towards option B, but I’m not completely confident about how the deductions interact with each other.

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Burma

3 months ago

Wait, do we add the gifts made after 1976 to the taxable estate? I feel like that was a tricky part in the examples we went over.

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Avery

3 months ago

I remember a practice question where we had to calculate the taxable estate, and I think we just added the state death taxes to the deductions.

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Zona

3 months ago

I think we need to subtract the marital and charitable deductions from the gross estate, but I'm not sure how the gifts factor in.

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