A bill becomes law if signed by the President or if not signed within 10 days and Congress is in session. If Congress adjourns before the 10 days and the President has not signed the bill then it does not become law (Pocket Veto.)
Losses incurred from casualties and thefts during the administration of the estate can be deducted only if they have not been claimed on the federal estate tax return (Form 706). The personal representative must file a statement with the estate's income tax return waiving the deduction for estate tax purposes.
Estate and Trust Administration For Dummies, 2nd Edition. No matter which tax return youâre preparing (the decedentâs personal return or one for an estate or trust), you have to calculate the tax after you figure out the income and the deductions. If youâre working on the decedentâs return, you arrive at your tax liability exactly the same way as you would your own.