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The date of death for a widow was 2018. If the estate was valued at $2,193,000 and the estate was taxed at 40 percent, what

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The date of death for a widow was 2018. If the estate was valued at $2,193,000 and the estate was taxed at 40 percent, what was the heir's tax liability? Use Exhibit 19-6 for Estate Exemption. (Do not round intermediate calculations.) Estate tax liability Highest Estate Rate 195) Estate Exemption Unitedot Gift Credit Exemption Amount ($ million) million) Tax Year GST TAX Exemption (5 million Notes 2001 55 0.625 574 2002 50 100 100 0001 mo KOS 2003 100 100 100 Yopostate txicit to 499 2004 18 Logo Stion $1,5 min top e curto 48% 2005 47 100 150 Top state tax cut to 47% 2006 4 100 Exposes to $2 Conte dadines 469 2007 49 100 200 200 Top rate declines to 454 2008 4 TO Do No change 2009 145 100 BASO 3.50 Exemption nises to $3.5 mor 2010 1.00 JA Repe Estate tax.com Tepealed 2011 35 10 5.00 5.00 512 5:12 2013 40 5.25 5:25 5.25 Exemption rises to $5.25 million. Top estate tax tises to 40% 413 584 534 5134 2015 40 5:43 5.43 5.43 15.45 5445 5.45 2017 40 54 5.49 5.49 2018 118 1118 11:18 Indexed for ufation each year after 2018 through 2025 These monits are doubled for a man Couple

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