In 2019, you gave $15,000 worth of stock to your best friend. In 2020, the stock is

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In 2019, you gave $15,000 worth of stock to your best friend. In 2020, the stock is valued at $25,000.

a. What was the gift tax in 2019?

b. What is the total amount removed from your estate in 2020?

c. What will be the gift tax in 2020?

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Personal Finance

ISBN: 9781260799736

13th Edition

Authors: Jack Kapoor

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Question Posted: Jul 23, 2024 06:03 AM

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In 2019, you gave $15,000 worth of stock to your best friend. In 2020, the stock is

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Personal Finance

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