At his death in 2019,Nathan owned the following property:
The real estate is subject to a $1,700,000 mortgage and Nathan made taxable gifts in 2009 totaling $2 million,at which time he offset the gift tax with an applicable credit (exemption equivalent of $2 million).Nathan has never been married.What is the amount of his estate tax due? (Use Exhibit 25-1.)

Question

At his death in 2019,Nathan owned the following property:
  The real estate is subject to a $1,700,000 mortgage and Nathan made taxable gifts in 2009 totaling $2 million,at which time he offset the gift tax with an applicable credit (exemption equivalent of $2 million).Nathan has never been married.What is the amount of his estate tax due? (Use Exhibit 25-1.)

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The Answer of At his death in 2019,Nathan owned the following property:
  The real estate is subject to a $1,700,000 mortgage and Nathan made taxable gifts in 2009 totaling $2 million,at which time he offset the gift tax with an applicable credit (exemption equivalent of $2 million).Nathan has never been married.What is the amount of his estate tax due? (Use Exhibit 25-1.)

At His Death in 2019,Nathan Owned the Following Property