Allan left the following bank deposits upon his death: - A bank- 1,000,000 - B bank- 2,000,000 - C bank- 3,000,000   How much is the amount to be reported as part of gross estate assuming the heirs of allan opted for final tax?

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter20: Income Taxation Of Trusts And Estates
Section: Chapter Questions
Problem 29P
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Allan left the following bank deposits upon his death:

- A bank- 1,000,000

- B bank- 2,000,000

- C bank- 3,000,000

 

How much is the amount to be reported as part of gross estate assuming the heirs of allan opted for final tax?

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