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Amount of gross? gift-adjusted taxable? estate

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Reference no: EM132420850

Problem: Following his death in 2014?, Zane? Wulster's gross taxable estate was valued at ?$6,685,000. He has made a total of ?$232,669 of gifts that exceeded the annual gift tax exclusion.

Required:

Question 1: What is the amount of his gross? gift-adjusted taxable? estate?

Question 2: Are estate taxes? payable?

Reference no: EM132420850

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