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9. Computing the federal transfer tax-Practice 2 Ted Ewing died in 2012, leaving an estate of $27,000,000. Ted's wife died in 2009. In 2009, Ted
9. Computing the federal transfer tax-Practice 2 Ted Ewing died in 2012, leaving an estate of $27,000,000. Ted's wife died in 2009. In 2009, Ted gave his son property that resulted in a taxable gift of $6,000,000 and upon which Ted paid $1,300,000 in transfer taxes. Ted had made no other taxable gifts during his life. Ted's will provided a charitable bequest of $900,000 to his town's historical society. 7. Computing the federal transfer tax - Practice 2 Ted Ewing died in 2012, leaving an estate of $27,000,000. Ted's wife died in 2009. In 2009, Ted gave his son property that resulted in a taxable gitt of $6,000,000 and upon which Ted pald $1,300,000 in transfer taxes. Ted had made no other taxable gifts during his life. Ted's will provided a charitable bequest of $900,000 to his town's historical society. Ise the following worksheet and Exhibits 15.7 and 15.8 to determine the federal transfer tax on Ted Ewing's estate. (Hint: Enter a value of so for any ine that does not applys)
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