In 2013, you gave a $14,000 cash gift to your best friend. What is the gift tax?

Question:

In 2013, you gave a $14,000 cash gift to your best friend. What is the gift tax?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Personal Finance

ISBN: 978-1259720680

12th edition

Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart

Question Posted: