Question 58 of 105. How do you elect portability? ...

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Accounting

Question 58 of 105.

How do you elect portability?

The election is made by checking the box on Schedule M of Form 706.
The election is made on the decedent's final Form 1040.
The election is made by filing a Form 706 in a timely manner for the first spouse to die.
The election is made on the first year Form 1041.
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