Julie had a gross estate of $3 million when she died in 2007. Her funeral expenses were

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Julie had a gross estate of $3 million when she died in 2007. Her funeral expenses were $26,000; her administrative expenses were $30,000; her charitable deduction was $350,000; and her marital deduction was $600,000. She made no prior taxable gifts.What is her net estate tax liability?

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Taxation For Decision Makers 2008

ISBN: 9780324654110

2nd Edition

Authors: Shirley Dennis-Escoffier, Karen A. Fortin

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