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Required information [The following information applies to the questions displayed below] In 2010 Cosey made a taxable gift of $6.3 milion to both Stephanie and

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Required information [The following information applies to the questions displayed below] In 2010 Cosey made a taxable gift of $6.3 milion to both Stephanie and Lindo (a total of $12.6 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused applicable credit under the following olternotives, (Refer to Exhibit 25 -1 and Exhibit 25-2) Note: Enter your answers in dollors, not millions of dollars, Leave no answer blank. Enter zero if applicable. b. This year Casey made a taxable gift of $16.3 million to Stephanie. Casey is not morried, and the 2010 gift was the only other toxable gitt he has ever made. EXHIBIT 25-1 Unified Transfer Tax Rates* The applicable credit and exemption are zero for estates that opted out of the estate tax in 2010. EXHIBIT 25.2 The Exemption Equivaleat/Applicable Exclusion Amount zero for tapayers who opt out decedents dying in 2010. In lien of the estate tax executors conld opt to have the adjusted t Required information [The following information applies to the questions displayed below] In 2010 Cosey made a taxable gift of $6.3 milion to both Stephanie and Lindo (a total of $12.6 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused applicable credit under the following olternotives, (Refer to Exhibit 25 -1 and Exhibit 25-2) Note: Enter your answers in dollors, not millions of dollars, Leave no answer blank. Enter zero if applicable. b. This year Casey made a taxable gift of $16.3 million to Stephanie. Casey is not morried, and the 2010 gift was the only other toxable gitt he has ever made. EXHIBIT 25-1 Unified Transfer Tax Rates* The applicable credit and exemption are zero for estates that opted out of the estate tax in 2010. EXHIBIT 25.2 The Exemption Equivaleat/Applicable Exclusion Amount zero for tapayers who opt out decedents dying in 2010. In lien of the estate tax executors conld opt to have the adjusted t

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