Which of the following debts can be deducted on Form 706, Schedule K? 1. Indebtness...
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Accounting
Which of the following debts can be deducted on Form 706, Schedule K?
1. Indebtness secured by a mortgage on property of the gross estate
2. Unenforceable gambling debts
3. Loans on life insurance policy owned by the decedent
4. A promissory note for stock in a car dealership
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