If the filing threshold has been met, or in other words, if, independent of the portability election, the estate is required to file an estate tax return based on the total value of the gross estate and adjusted taxable gifts, no extension of time to elect portability is available and Revenue Procedure 2017-34 does not apply.
Verification is the process of assuring that the product satisfies the conditions before work starts. Validation is the process of assuring that the product meets the specified requirements at the end of the development phase. In other words, to make sure the product is designed in accordance with customer's requirements.
In software project management, software testing, and software engineering, verification and validation (V&V) is the process of checking that a software system meets specifications and that it fulfills its intended purpose. It may also be referred to as software quality control.n other words, software verification is ensuring that the product has been built according to the requirements and design specifications, while software validation ensures that the product actually meets the user's needs, and that the specifications were correct in the first place.