In 2017,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 $1,800,000,and the transfer was Mr.Ames' first taxable gift.
b.FMV of the real estate was $7,250,000 and the transfer was Mr.Ames' first taxable gift.
c.FMV of the real estate was $2,300,000.Two years ago,Mr.Ames made his first taxable gift of marketable securities with a $3,920,000 FMV in excess of the annual exclusion.

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The Answer of In 2017,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 $1,800,000,and the transfer was Mr.Ames' first taxable gift.
b.FMV of the real estate was $7,250,000 and the transfer was Mr.Ames' first taxable gift.
c.FMV of the real estate was $2,300,000.Two years ago,Mr.Ames made his first taxable gift of marketable securities with a $3,920,000 FMV in excess of the annual exclusion.