In the current year, taxpayer z entered into an arm's length transaction in which z exchanged asset a (tax basis $10,000) for new asset b (fair market value of $16,000). under each of the following assumptions, apply the generic rules to compute z's realized gain, recognized gain, and tax basis in the new asset.

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

What are the period and vertical shift of the cosecant function below? period: ; vertical shift: 1 unit up period: ; vertical shift: 2 units up period: ; vertical shift: 1 unit up period: ; vertical shift: 2 units up?

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?