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Required information [The following information applies to the questions displayed below] Banele had a taxable...

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Accounting

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Required information [The following information applies to the questions displayed below] Banele had a taxable estate of $177 miliion when they died this year Calculate the amount of estate tax due (if any) under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2) Note: Enter your answers in dollars and not in millions of dollars. c. Banele made a $1 mition taxable gift in the year prior to their death EXHIBIT 25-1 Unified Transfer Tax Rates* -The applicable credit and exemption are zero for estates that opted ont of the estate tax in 2010. EXHIBIT 25-2 The Exemption Equivalent / Applicable Exclusion Amount venarestate tan in 2010 ayng in 2010. In lieu of the estate tax, executors could opt io h

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