Required Informatlon Problem 25-49 (LO 25-2) (Algo) [The following Information applies to the questions displayed below.] In 2010 Casey made a taxable gift of $7.4 million to both Stephanie and Linda (a total of $14.8 million In taxable gifts). Required: Calculate the amount of gift tax due this year and Casey's unused exemption equivalent under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2) (Enter your answers In dollars, not millons of dollars. Leeve no answer blank. Enter zero If applcable.) Problem 25-49 Part b (Algo) b. This year Casey made a taxable gift of $17.4 million to Stephanie. Casey Is not marrled, and the 2010 gift was the only other taxable gift he has ever made. Gift tax due Unused exemption equivalent

Required information Problem 8-63 (LO 8-1) (LO 8-3) (Algo) [The following information applies to the questions displayed below.] Henrich is a single taxpayer. In 2023, his taxable income is $540,000. What are his income tax and net investment income tax liability in each of the following alternative scenarios? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable. Round your final answers to 2 decimal places. Problem 8-63 Part d (Algo) d. Henrich has $200,000 of taxable income, which includes $52,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $220,000. Income tax Net investment income tax Total tax liability Amount

Exercise 18-19 (Algorithmic) (LO. 3) Elizabeth made taxable gifts of $6,900,000 in 2020 and $8,970,000 in 2022. She paid no gift tax on the 2020 transfer. On what amount is the Federal gift tax computed for the 2022 gift?

am. 167.

Which of the following statements regarding a Coverdell Education Savings Account (CESA) is correct?   Multiple Choice   For single taxpayers, permitted contributions begin to be phased out when AGI reaches $90,000.   An individual can be the beneficiary of multiple CESAs.   A contributor cannot make a contribution for himself/herself.   Annual contributions are limited to $2,000 per beneficiary, per contributor.

i need the answer quickly

Denger

0 Required information [The following information applies to the questions displayed belo In 2010 Casey made a taxable gift of $5 million to both Stephanie and Linda (a total of $10 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused applicable credit under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2) Note: Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable. This year Casey made a taxable gift of $1 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made. Answer is complete but not entirely correct. Gift tax due Unused applicable credt $ 00 369,800

! Required information [The following information applies to the questions displayed below.] George and Wanda received $28,100 of Social Security benefits this year ($10,500 for George; $17,600 for Wanda). They also received $4,550 of interest from jointly owned City of Ranburne Bonds and dividend income. What amount of the Social Security benefits must George and Wanda include in their gross income under the following independent situations? Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable. d. George and Wanda file married joint and receive $15,600 of dividend income from stocks owned by George. Amount to be included in gross income $ 20,150