Business, 13.07.2021 16:30, alissalhenry

Bob Thomas died at a time when his closely held business was valued at $4,500,000. His gross estate was $6,500,000. Administrative costs, debts and expenses totalled $500,000. Federal estate taxes totalled $300,000. The amount of taxes which can be deferred under IRC Section 6166 is equal to

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Bob Thomas died at a time when his closely held business was valued at $4,500,000. His gross estate...