Business, 12.07.2019 04:30 brinicole1011
Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?
Answers: 1
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Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid...
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