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Calculate the estate and gift tax owed using the following information. Gross Estate $20,000,000 Debts 500,000 Marital deduction 2,000,000 Charity Contr. 600,000 Taxable gifts 20,000

  1. Calculate the estate and gift tax owed using the following information.

Gross Estate $20,000,000

Debts 500,000

Marital deduction 2,000,000

Charity Contr. 600,000

Taxable gifts 20,000

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