Answer:
In general, beneficiaries are responsible for paying the following for a Medicare Prescription Drug Plan:
Monthly premiums
Annual deductible
Copayments or coinsurance
A small copayment for the rest of the calendar year after they reach a certain out-of-pocket amount
Explanation:
Answer:
Check the explanation
Explanation:
Particulars Amount in $
A. Gross Estate 8600000
Less: deductions (funeral & administrative tax) 70000
B. Taxable estate 8530000
c. Gift-Adjustable Taxable estate value:
Taxable estate 8530000
Charities will be deucted from tax calculation 1000000
gift-adjusted taxable estate value 7530000
D. estate would be subject to tax 7530000
E. estate tax liability Calculated below 876000
For estate more than 53400000 tax will be charged at 40%
So, same is 40% of excess on 53400000
Taxable estate before threshold after deducting 53400000 from estate that would be subject to Tax 2190000
Tax at 40% of excess value 876000
I am going to have to say B. hope i am right :)