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Elizabeth made taxable gifts of $ 6 , 8 5 0 , 0 0 0 in 2 0 2 1 and $ 8 , 9

Elizabeth made taxable gifts of $6,850,000 in 2021 and $8,905,000 in 2023. She paid no gift tax on the 2021 transfer. On what amount is the Federal gift tax computed for the 2023 gift? Elizabeth made taxable gifts of \(\$ 6,850,000\) in 2021 and \(\$ 8,905,000\) in 2023. She paid no gift tax on the 2021 transfer. On what amount is the Federal gift tax computed for the 2023 gift?
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