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Please see attached: THERE IS NO MISSING INFO OR GRAPHS: Required information [The following information applies to the questions displayed below.] In 2010 Casey made

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Please see attached: THERE IS NO MISSING INFO OR GRAPHS:

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Required information [The following information applies to the questions displayed below.] In 2010 Casey made a taxable gift of $6.4 million to both Stephanie and Linda (a total of $12.8 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused exemption equivalent under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable.) 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. Gift tax due Unused exemption equivalent b. This year Casey made a taxable gift of $16.4 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made. Gift tax due Unused exemption equivalent c. This year Casey made a gift worth $16.4 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 due Casey's unused exemption equivalent Helen's gift tax due Helen's unused exemption equivalentEXHIBIT 25-1 Unified Transfer Tax Rates* Tax Base Equal to or Over Not Over Tentative Tax Plus of Amount Over $ 0 $10,000 $ 0 18% $ 0 10,000 20,000 1,800 20 10,000 20,000 40.000 3,800 22 20,000 40,000 60,000 8,200 24 40,000 60,000 30,000 13,000 26 60.000 80,000 100,000 18,200 28 80.000 100,000 150,000 23,800 30 100,000 150,000 250,000 38,800 32 150,000 250,000 500,000 70.800 34 250.000 500,000 750,000 155,800 37 500,000 750,000 ,000,000 248,300 39 750,000 ,000,000 345,800 40 1,000,000 *The applicable credit and exemption is zero for estates that opted out of the estate tax in 2010. EXHIBIT 25-2 The Exemption Equivalent Year of Transfer Gift Tax Estate Tax 1986 $500,000 $500,000 1987-1997 600,000 500,000 8661 625,000 625,000 1999 650,000 650,000 2000-2001 675,000 675,000 2002-2003 1,000,000 ,000,000 2004-2005 1,000,000 ,500,000 2006-2008 1,000,000 2,000,000 2009-2010* 1,000,000 3,500,000 2011 5,000,000 5,000,000 2012 5,120,000 5,120,000 2013 5,250,000 5,250,000 2014 5,340,000 5,340,000 2015 5,430,000 5,430,000 2016 5,450,000 5,450,000 2017 5,490,000 5,490,000 2018 11,180,000 1,180,000 2019 11,400,000 11,400,000 *The applicable credit and exemption is zero for taxpayers who opt out of the estate tax in 2010

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