How much qualifies for the marital deduction

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Mandy was a participant in her employer's contributory qualified pension plan. Her contributions were made with after-tax dollars. At her death, her account reflects the following:

Mandy's contribution $200,000
Employer's contribution 275,000
Income earned 120,000

Problem a. As to the plan, how much should be included in Mandy's gross estate?

Problem b. If the account balance is paid to Mandy's surviving spouse, how much qualifies for the marital deduction?

Problem c. How much is subject to the Federal income tax?

Reference no: EM132792309

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