Transferor Provisions. In December 2010, Jody transferred stock having a $1,113,000 FMV to her daughter Joan. Jody paid $35,000 of gift taxes on this transfer. When Jody died in January 2013, the stock was valued at $920,000. Jody made no other gifts during her lifetime. With respect to this gift transaction, what amount was includible in Jodys gross estate, and what amount was reportable as adjusted taxable gifts?

Deductions. When Yuji died in March 2013, his gross estate was valued at $8 million. He owed debts totaling $300,000. Funeral and administration expenses were $12,000 and $120,000, respectively. The marginal estate tax rate exceeded his estates marginal income tax rate because the estate collected only about $8,000 of income. Yuji willed his church $300,000 and his spouse $1.1 million. Calculate Yujis taxable estate.