J ack, a widower, died this year with a gross estate of $5.6 million. Jack made

Question

Jack,   a widower, died this year with a gross estate of $5.6 million. Jack made one  taxable gift in his lifetime of $700,000 to his brother last year. The amount  of the unified credit used to offset his taxable gift was 225,800. Funeral and  administrative expenses cost $140,000. Jack

Jack, a widower, died this year with a gross estate of $5.6 million. Jack made one taxable gift in his lifetime of $700,000 to his brother last year. The amount of the unified credit used to offset his taxable gift was 225,800. Funeral and administrative expenses cost $140,000. Jack's debts and mortgages totaled $300,000. What was Jack's estate tax liability?

Explanation / Answer

278,200

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