2. On December 31, 2009, George gives $13,000 to his son and $13,000 to his sons wife....

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2. On December 31, 2009, George gives $13,000 to his son and $13,000 to his son’s wife. On January 1, 2010, George gives another

$13,000 to his son and another $13,000 to his son’s wife. George made no other gifts to his son and his son ’s wife in 2009 and 2010. What is the gift tax?

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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