Go to the IRS Web site, www.irs.gov and, under Learn About IRS, select Tax Stats, Facts, and

Question:

Go to the IRS Web site, www.irs.gov and, under "Learn About IRS," select "Tax Stats, Facts, and Figures." Then consult statistics regarding the gift tax. Prepare a brief write-up concerning the number of returns filed in 2010, how many of them were taxable returns, the total value of gifts reported, whether annual exclusions or deductions were larger in the aggregate, the total amount of taxable gifts, and the total gift tax liability after the application of the unified credit.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Federal Taxation 2014 Comprehensive

ISBN: 9780133438598

27th Edition

Authors: Timothy J. Rupert, Thomas R. Pope, Kenneth E. Anderson

Question Posted: