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7. Calculation of estate taxes. Use Worksheet 15.2. When Jacob Kohler died unmarried in 2015, he left an estate valued at $7,850,000. His trust directed distribution as follows: $20,000 to the local hospital, $160,000 to his alma mater, and the remainder to his three adult children. Death-related costs and expenses were $16,800 for funeral expenses, $40,000 paid to attorneys, $5,000 paid to accountants, and $30,000 paid to the trustee of his living trust. In addition, there were debts of $125,000. Use Worksheet 15.2 and Exhibits 15.7 and 15.8 to calculate the federal estate tax due on his estate. Date 12/3/19 Name Jacob Kohler Line Computation Item Amount Total Amount Tot Gross estate $ 7,850,000.00 2 Subtract sum of: 16,800.00 (a) Funeral expenses (b) Administrative expenses 75,000.00 125,000.00 (c) Debts (d) Other expenses Total ( $ 216,800.00 7,633,200.00 3 Result: 4 Subtract sum of: Adjusted gross estate (a) Marital deduction (b) Charitable deduction Total 5 Result: Taxable estate $ 7,633,200.00 Adjusted taxable gifts (post-1976) $ 7,633,200.00 6 Add: 17 Result: Compute: 9 Subtract sum of: Estate tax base Tentative tax on estate tax base (a) Gift tax payable on post-1976 gifts (b) Unified tax credit Total 10 Result: Total death taxes Other credits 11 Subtract: 12 Result: Federal estate tax due Use Exhibit 15.7 to calculate the tentative tax Use Exhibit 15.3 to determine the appropriate unified credit. 7. Calculation of estate taxes. Use Worksheet 15.2. When Jacob Kohler died unmarried in 2015, he left an estate valued at $7,850,000. His trust directed distribution as follows: $20,000 to the local hospital, $160,000 to his alma mater, and the remainder to his three adult children. Death-related costs and expenses were $16,800 for funeral expenses, $40,000 paid to attorneys, $5,000 paid to accountants, and $30,000 paid to the trustee of his living trust. In addition, there were debts of $125,000. Use Worksheet 15.2 and Exhibits 15.7 and 15.8 to calculate the federal estate tax due on his estate. Date 12/3/19 Name Jacob Kohler Line Computation Item Amount Total Amount Tot Gross estate $ 7,850,000.00 2 Subtract sum of: 16,800.00 (a) Funeral expenses (b) Administrative expenses 75,000.00 125,000.00 (c) Debts (d) Other expenses Total ( $ 216,800.00 7,633,200.00 3 Result: 4 Subtract sum of: Adjusted gross estate (a) Marital deduction (b) Charitable deduction Total 5 Result: Taxable estate $ 7,633,200.00 Adjusted taxable gifts (post-1976) $ 7,633,200.00 6 Add: 17 Result: Compute: 9 Subtract sum of: Estate tax base Tentative tax on estate tax base (a) Gift tax payable on post-1976 gifts (b) Unified tax credit Total 10 Result: Total death taxes Other credits 11 Subtract: 12 Result: Federal estate tax due Use Exhibit 15.7 to calculate the tentative tax Use Exhibit 15.3 to determine the appropriate unified credit

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