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Greta Cook died in 2018. Her gross estate was $11,290,000, administration expenses of $60,000 and an adjusted taxable gifts were $20,000. Compute the estate tax
Greta Cook died in 2018. Her gross estate was $11,290,000, administration expenses of $60,000 and an adjusted taxable gifts were $20,000. Compute the estate tax liability.
I am able to find the estate tax base of $11,250,000, but I am unsure of how to find the tax liability.
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