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Rachel died in 2020 and her executor is finalizing her estate tax return. The executor has determined that Rachel’s adjusted gross estate is $15,830,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. Calculate the estate tax liability for Rachel’s estate. A. $345,800. B. $5,836,000. C. $1,500,000. D. $6,077,800.

Sagot :

1,500,000 determined