Julie had a gross estate of $7 million when she died in 2017. Her funeral expenses were

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Julie had a gross estate of $7 million when she died in 2017. Her funeral expenses were $26,000; her administrative expenses were $30,000; her charitable deduction was $350,000; and her marital deduction was $600,000. She made no prior taxable gifts. What is her net estate tax liability?

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Related Book For  answer-question

Taxation For Decision Makers 2018

ISBN: 9781119373735

8th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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