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How much correct amount of deductions

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Reference no: EM133172320

Question - Pedro died in 2018. The following claims against Pedro's estate were claimed by his heirs as deductions from his gross estate.

Notes payable (notarized) P500,000

Notes payable (not notarized) 200,000

Unpaid property taxes before his death 300,000

Unpaid property taxes on his estate (after death) 100,000

Unpaid funeral expenses 75,000

Unpaid medical expenses 125,000

Unpaid mortgage on his properties before death 50,000

Debts from gambling losses questioned by decedent while still alive 50,000

Required - How much correct amount of deductions as claims against the estate?

Reference no: EM133172320

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