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The actual GST tax is calculated by dividing the taxable amount by 2.818182.

So to get the GST tax in 1998.

$10,000,000 - total estate
5,140,800 - less total tax state and federal
211,300 - plus unified credit
1,010,000 - less GST exemption

4,060,500 balance totaling the above #s

divide 4,060,500 by 2.818182

The GST tax is $1,440,822 for a $10,000,000 taxable estate all going to skip generations.

Now this is only exciting if you are lucky enough to be the young heir that gets the 3 million bucks.

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