5. You have four children, and you and your spouse want to maximize the amount you can...

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5. You have four children, and you and your spouse want to maximize the amount you can give to each child each year before you have to pay the gift tax. (LO 16-3)

a. How much would you give each child?

b. What would the total gifts be in a single year?

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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