Question

True or False:

The medical expense election for decedents involves a choice between deducting it on the estate's income tax return (form 1041) or the estate tax return (form 706).

Answer 1

solution:

The medical expense election for decedents involves a choice between deducting it on the estate's income tax return (form 1041) or the estate tax return (form 706).

true

the given statement is true

The medical and dental expenses of a decedent paid by the estate aren'tdeductible in figuring the estate's taxable income on Form 1041. You can deductthem in figuring the taxable estate for federal estate tax purposes on Form 706. ... See Medical Expenses under Final Income Tax Return for Decedent—Form 1040,