Question: Rachel died eight months ago and her executor is finalizing her estate tax return. The executor has determined that Rachels adjusted gross estate is $16,330,000
Rachel died eight months ago and her executor is finalizing her estate tax return. The executor has determined that Rachels adjusted gross estate is $16,330,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. Calculate the estate tax liability for Rachels estate. Use 2022 estate tax numbers.
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