What was the heir tax liability

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Reference no: EM131904327

The date of death for a widow was 2008. If the estate was valued at $2,102,000 and the estate was taxed at 45 percent, what was the heir’s tax liability? (Do not round intermediate calculations.) Exemption Amounts 2006–2008 $2,000,000 2009 $3,500,000 2010 Repeal (no estate tax) 2011 $1,000,000

Reference no: EM131904327

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