Giovanni died in 2020 with a gross estate of $13.9 million and debts of $30,000. He made

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Giovanni died in 2020 with a gross estate of $13.9 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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Federal Taxation 2021 Corporations, Partnerships, Estates & Trusts

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Authors: Timothy J. Rupert, Kenneth E. Anderson, David S. Hulse

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Question Posted: Nov 20, 2020 01:25 AM

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Giovanni died in 2020 with a gross estate of $13.9 million and debts of $30,000. He made

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13859800 estate tax base calculated as follows Gross estate 13900000 Minus Debts 30000 ...View the full answer

Federal Taxation 2021 Corporations, Partnerships, Estates & Trusts

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