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Problem 19.8 Calculating the Estate Tax [LO19-5] The date of death for a widow was 2021. If the estate was valued at $2,136,000 and the

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Problem 19.8 Calculating the Estate Tax [LO19-5] The date of death for a widow was 2021. If the estate was valued at $2,136,000 and the estate was taxed at 40 percent, what was the heir's tax liability? Use Exhibit 196 for Estate Exemption. Note: Leave no cells blank - be certain to enter " 0n wherever required

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