All of the following statements pertaining to the estate tax are correct, EXCEPT: A) An estate tax return must be filed for a widow with a gross estate of $14 million who made taxable gifts of $4 million ten years ago. B) The estate tax is due nine months after death unless an extension is granted. C) The executor is personally liable to pay the tax from assets the decedent owned. D) The estate tax is tax inclusive because the money used to pay the tax is taken from a separate account.
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