Identify which of the following statements is true.
A) In general, an estate tax return is not required to be filed unless the value of the gross estate and adjusted taxable gifts exceeds the exemption equivalent.
B) Estate taxes must be paid when the return is filed, including any extensions.
C) The estate tax return is due, ignoring extensions, 12 months after the decedent's date of death.
D) All of the above are false.
A) In general, an estate tax return is not required to be filed unless the value of the gross estate and adjusted taxable gifts exceeds the exemption equivalent.
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