Allowable deduction from the gross estate

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1. Which of the following items is not an allowable deduction from the gross estate?

Credit card debt

A bequest to charity

Executor’s commission

The cost of a grave marker

2. Glory days is an old time pinball and jukebox refurbishing company. its founding partners need funding to buy inventory. Do they meet SBA criteria? Why or why not?

3. Lena plans to invest 5,100 dollars in 2 year(s) and 9,700 dollars in 1 year(s). She expects to earn 7.68 percent, compounded quarterly. How much money does Lena expect to have in 10 years?

Reference no: EM131873251

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