Format of Computation - Estate Tax

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Format of Computation

Gross Estate Total Exclusive Properties Total Common/ Conjugal Total Gross Estate
Properties

xx xx xx

Less: Allowable
deductions

1. Ordinary Deductions

Claims Against the Estate, Claims Against an Insolvent


Person, Mortgage, Taxes, and Losses

Transfer for Public


Purpose XX

Vanishing Deductions XX

Net estate before special XX XX XX


deductions

2. Special Deductions Family Home XX

Standard Deduction XX

RA 4917 XX

Share of Surviving Spouse


XX

NET ESTATE XX

* ½ of the Conjugal/Community Props. Included in the Gross Estate of the


Deceased: deductible for estate tax purposes

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