1. In 2010, you gave $13,000 worth of stock to your best friend. In 2016, the stock...

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1. In 2010, you gave $13,000 worth of stock to your best friend. In 2016, the stock is valued at $25,000.

a. What was the gift tax in 2010?

b. What is the total amount removed from your estate in 2016?

c. What will be the gift tax in 2016?

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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