Deduction for family home is
Chapter21: Partnerships
Section: Chapter Questions
Problem 9BCRQ
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Question
A resident decedent was married at the time of death and under the system of conjugal partnership of gains. Among the properties in the gross estate were:
Land, inherited before the marriage, fair market value |
P7,000,000 |
Family home built by the spouses on the inherited land |
4,000,000 |
Deduction for family home is:
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