The estate and gift taxes share several common features., Ask an Expert

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The estate and gift taxes share several common features. Which of the following characteristics are common to both the estate and gift taxes?

A. A unified credit and a marital deduction

B. A gift-skipping election and a deduction for income taxes paid by the fiduciary

C. A charitable deduction and the amount of the exemption equivalent

D. A charitable deduction and an annual exclusion

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M959719

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