In 2019,Mr.Ames,an unmarried individual,made a gift of real estate to his nephew.Compute the amount subject to the federal gift tax in each of the following situations.
a.FMV of the real estate was $1.8 million,and the transfer was Mr.Ames' first taxable gift.
b.FMV of the real estate was $17.25 million and the transfer was Mr.Ames' first taxable gift.
c.FMV of the real estate was $12.3 million.Two years ago,Mr.Ames made his first taxable gift of marketable securities with a $3.92 million FMV in excess of the annual exclusion.

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The Answer of In 2019,Mr.Ames,an unmarried individual,made a gift of real estate to his nephew.Compute the amount subject to the federal gift tax in each of the following situations.
a.FMV of the real estate was $1.8 million,and the transfer was Mr.Ames' first taxable gift.
b.FMV of the real estate was $17.25 million and the transfer was Mr.Ames' first taxable gift.
c.FMV of the real estate was $12.3 million.Two years ago,Mr.Ames made his first taxable gift of marketable securities with a $3.92 million FMV in excess of the annual exclusion.