Determine the estate tax liability

Reference no: EM131922295

Question: On the advice of her estate planner, Grace made taxable gifts of $5 million in the 2011. Grace dies in late 2016 leaving a taxable estate of $1.1 million. Grace has always been single and never made any taxable gifts before 2011. Determine her estate tax liability.

Reference no: EM131922295

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