In each of the following independent situations, determine the gift tax that was due and the decedent’s final estate tax liability (net of any unified tax credit). Decedent
Dana Alice Ken
Year of death 2003 2004 2012
Taxable estate $900,000 $1,700,000 $1,400,000
Post-1976 taxable gifts -
Made in 2000 900,000 - -
Made in 2001 - 800,00 -
Made in 2011 - - 5,200,000
Click here for the solution: In each of the following independent situations, determine the gift tax that was due and the decedent’s final estate tax liability
