In 2010 Casey made a taxable gift of $5 million to both Stephanie and Linda (a total of $10 million in taxable gifts). Calculate the amount of gift tax due this year and Casey?s unused exemption equivalent under the following alternatives.(Leave no answer blank. Enter zero if applicable.)

Exhibit 5-1 and 5-2 is attached.

a.	This year Casey made a taxable gift of $1 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made.(Reference the tax rate schedule inExhibit 25-1and the Unified Credit schedule inExhibit 25-2to answer this problem.)

Gift tax:

Unused exemptions equivalent:

b.	This year Casey made a taxable gift of $5 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made.

Gift tax:

Unused exemptions equivalent:

c.	This year Casey made a gift worth $5 million to Stephanie. Casey is married to Helen in a common law state, and the 2010 gift was the only other taxable gift he or Helen has ever made. Casey and Helen elect to gift split.

Casey's gift tax:

Casey's unused exemptions equivalent:

Helen's gift tax:

Helen's unused exemptions equivalent: