Estate of Albert Fratini, Deceased, Marion Friedeberg, Personal Representative - Page 11

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          and loss from the rental properties.  For the years 1981 through            
          1992, Ms. Friedeberg reported taxable interest income of                    
          $133,051.  With respect to the $133,051 of interest income                  
          reported, approximately $3,440 was earned from accounts titled in           
          Ms. Friedeberg's name alone.                                                
               Form 706, United States Estate (and Generation-Skipping                
          Transfer) Tax Return, was timely filed for decedent's estate on             
          September 4, 1993.  On Schedule E, Part 2, of the Form 706, 11              
          items of property, which decedent held in joint tenancy with Ms.            
          Friedeberg, were reported.  With respect to the 11 items,                   
          decedent's estate reported contribution credits under section               
          2040 and fractional interest discounts on certain of the 11                 
          items.  The following table sets forth the amounts reflected on             
          Schedule E, Jointly Owned Property, of Form 706 with respect to             
          the value of the interests reported upon the date of death before           
          the section 2040 credit,4 percentage of property included after             
          taking section 2040 contribution credits, value after taking                
          section 2040 contribution credits, fractional interest discounts            
          claimed, and values included in decedent's gross estate after               
          fractional discounts taken by decedent's estate:                            

               4Although these amounts were not directly listed on Schedule           
          E, the amounts were calculated and added to the table as a                  
          mathematical computation, using the value on the return divided             
          by the fractional discount and divided by the sec. 2040                     
          contribution credit rate.                                                   

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