Objective Short Answer 26. Individual I worked at the BIG 4 accounting firm for 30 years when I suddenly dropped dead at his desk. The executor of I's estate sued BIG 4 for many items including, mistreatment while I was an employee, cruel and unusual punishment, back wages for failing to pay I the minimum wage and for the death itself. I's estate won the suit and was awarded: (i) $1,000,000 for ls pain and suffering while working at BIG 4, (ii) $110,000 for wages that should have been paid to I while working, and (iii) $2,000,000 for a wrongful death. What, if any, of these amounts is included in I's gross estate? 27. D died owning $5,000,000 cash in 2021. D made taxable gifts of $10,000,000 in 2020. What is D's estate tax due? Objective Short Answer 26. Individual I worked at the BIG 4 accounting firm for 30 years when I suddenly dropped dead at his desk. The executor of I's estate sued BIG 4 for many items including, mistreatment while I was an employee, cruel and unusual punishment, back wages for failing to pay I the minimum wage and for the death itself. I's estate won the suit and was awarded: (i) $1,000,000 for ls pain and suffering while working at BIG 4, (ii) $110,000 for wages that should have been paid to I while working, and (iii) $2,000,000 for a wrongful death. What, if any, of these amounts is included in I's gross estate? 27. D died owning $5,000,000 cash in 2021. D made taxable gifts of $10,000,000 in 2020. What is D's estate tax due