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    Jenjen Aruta
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    This document lists the allowable deductions from a decedent's gross estate, including the standard deduction, claims against the estate, unpaid mortgages and taxes, previously taxed property, transfers for public use, the family home, amounts received by heirs under the law, and a surviving spouse's share of community property.

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    This document lists the allowable deductions from a decedent's gross estate, including the standard deduction, claims against the estate, unpaid mortgages and taxes, previously taxed property, transfers for public use, the family home, amounts received by heirs under the law, and a surviving spouse's share of community property.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    3 views1 page

    Document (18

    Uploaded by

    Jenjen Aruta
    This document lists the allowable deductions from a decedent's gross estate, including the standard deduction, claims against the estate, unpaid mortgages and taxes, previously taxed property, transfers for public use, the family home, amounts received by heirs under the law, and a surviving spouse's share of community property.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Below are the allowable deductions deducted to the Gross Estate of the Decedent:

    1. Standard Deduction

    2. Claims Against the Estate

    3. Claims of the deceased against insolvent persons

    4. Unpaid Mortgages, Taxes and Casualty losses

    5. Property Previously Taxed

    6. Transfer for Public Use

    7. The Family Home

    8. Amount received by heirs under Republic Act No. 4917

    9. Net Share of Surviving Spouse in the Conjugal Partnership or Community

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