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Carl died with a gross estate of $4,000,000. During his lifetime Carl gifted land. At the time it gifted it, it was worth $2,000,000, but

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Carl died with a gross estate of $4,000,000. During his lifetime Carl gifted land. At the time it gifted it, it was worth $2,000,000, but now is worth $3,000,000 at his death. What is Carl's estate tax base when Carl died? 54,000,000 $2,000,000 56,000,000 $7,000,000

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