Solution-Calculate the estate tax liability for rachel

Calculate the estate tax liability for rachel estate

Reference no: EM132823236

Problem 1: Rachel died in 2021 and her executor is finalizing her estate tax return. The executor has determined that Rachel's adjusted gross estate is $12,750,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. Calculate the estate tax liability, in 2021, for Rachel's estate.

Option 1: $0

Option 2: $220,000

Option 3: $420,000

Option 4: $4,900,000

Reference no: EM132823236

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Calculate the estate tax liability for rachel estate

Reference no: EM132823236

Reference no: EM132823236

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