Question: Jack a widower, died late last year (2020) with a gross estate of $10 million. Jack made one taxable gift in his lifetime of $2,000,000

Jack a widower, died late last year (2020) with a gross estate of $10 million. Jack made one taxable gift in his lifetime of $2,000,000 to his brother this year before he (Jack) died. Funeral and administrative expenses cost $140,000. Jacks debts and mortgages totaled $300,000.

Calculate Jacks estate tax liability, show your work.

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