Giovanni died in 2016 with a gross estate of $6.9 million and debts of $30,000. He made
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Giovanni died in 2016 with a gross estate of $6.9 million and debts of $30,000. He made post-1976 taxable gifts of $100,000, valued at $80,000 when Giovanni died. His estate paid state death taxes of $110,200. Calculate his estate tax base.
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6859800 estate tax base calculated as follows Gross estate 6900000 Minus ...View the full answer
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Related Book For
Federal Taxation 2017 Comprehensive
ISBN: 9780134421438
30th Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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