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On December 1,1976,Bart Made a Gift and Claimed a $30,000

Question 60

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On December 1,1976,Bart made a gift and claimed a $30,000 specific exemption.When Bart died in 2008,his tax base was $2,000,000.Assuming the maximum unified credit is $780,800,what is the credit available when computing Bart's estate tax is what?

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$780,800 - ($30,000 × 0.20)= $...

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