In 2014,an estate is not taxable unless the sum of the taxable estate and taxable gifts made after 1976 exceeds
A)$1,000,000.
B)$3,500,000.
C)$5,000,000.
D)$5,340,000.

Name: In 2014,an estate is not taxable unless the sum of the taxable estate and taxable gifts made after 1976 exceeds A)$1,000,000. B)$3,500,000. C)$5,000,000. D)$5,340,000.
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Quizplus · Accepted Answer

In 2014, the federal estate tax exemption amount was $5,340,000, meaning estates valued below this amount were not subject to federal estate taxes.

In 2014,an Estate Is Not Taxable Unless the Sum of the Taxable