Yahoo Asker asked:
The estate tax is:
The estate tax is:
a.applied as a percentage of the total gross estate.
b.based on the dollar value of liabilities at death.
c.phased out for individuals with an estate of $3 million or
more.
d.equal to a percentage of the taxable estate less the estate tax
credit.
Thanks so much! and Merry Christmas!
Vesta Schenck

The taxable estate less the taxable estate less the estate less the estate tax credit.