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Bernard's Will Passes $800,000 of Cash to His Widowed Sister,Marie

Question 122

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Bernard's will passes $800,000 of cash to his widowed sister,Marie.The estate tax attributable to the cash is $120,000.Marie dies five years later,and the estate tax generated by the $800,000 is $140,000.How much of a credit for tax on prior transfers will Marie's estate be allowed?

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$72,000.60...

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