o $2,117,800 $2,125,800 Mark for follow up Question 54 of 105. How do you elect
ID: 412576 • Letter: O
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o $2,117,800 $2,125,800 Mark for follow up Question 54 of 105. How do you elect portability? O The election is made by checking the box on Schedule M of Form 706. O The election is made on the decedent's final Form 1040. O The election is made by filing a Form 706 in a timely manner for the first spouse to die. O The election is made on the first year Form 1041. Mark for follow up Question 55 of 105 Ellen died with the following property: house in joint tenancy with her husband, stocks owned individuExplanation / Answer
Ans 54. C The election is made by filling a form 706 in a timely manner for a first spouse to die
Ans 55.
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