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Required Information The following information applies to the questions displayed below Tom Hrulse was an entertainment executive who had a fatal accident on a film

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Required Information The following information applies to the questions displayed below Tom Hrulse was an entertainment executive who had a fatal accident on a film set. Tom's will directed his executor to distribute hls cash and stock to his wife, Kaffie, and the real estate to his church, The First Church of Methodology. The remainder of his assets were to be placed in trust for his three children. Tom's estate consisted of the following Assets: Personal assets Cash and stock Intangible assets (file rights) Real estate 880,800 24,80e,8ee 71,58e, eee 15,808,e0 S 111,3e8,0 Liabilities S 3,288,eae 4,180,eee s7,380,eee Mortgage Other 11abilities b. Fill out lines 1 through 12 in part 2 of Form 706 for Tom's estate. (Use 2018 tax rules regardliess of yeer on tex form.) 1Total gross estate less exclusion (rom Part 5-Recapitulation, Item 13). 2 Tentative total allowable deductions (from Part 5-Recapltulation, ltem 24). . .. 3a Tentative taxable estate (subtract line 2 from line 1).... b State death tax deduction.. 3b 30 e Taxable estate (subtract line 3b from line 3a). .-.. 4 Adjusted taxable gifts (see instructions)-.-- 5 Add lines 3c and 4 6 Tentative tax on the amount on line 5 from Table A in the instructions.... 7Total gift tax paid or payable (see instructions) 8 Gross estate tax (subtract line 7 from line 6) 9a Basic exclusion amount 5 9a b Deceased spousal unused exclusion (DSUE) amount from predeceased spousels), if any (from Section D, Part 6-Portability of Deceased Spousal Unused Exclusion) Restored exclusion amount (see instructions) 9b 9c c Applicable credit amount (tentative tax on the amount in 9d from table A in the instructions) Adjustment to applicable credit amount (May not exceed $6,000. See instructions.) e 9e 10 10 11 Allowable applicable credit amount (subtract line 10 from line 9e) 12 Subtract line 11 from line 8 (but do not enter less than zero).. 12

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