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This year Samantha gave each of her three nephews birthday gifts of $10,450 in cash. At Christmas, Samantha gave each of her three nephews Christmas

This year Samantha gave each of her three nephews birthday gifts of $10,450 in cash. At Christmas, Samantha gave each of her three nephews Christmas gifts of an additional $5,180 in cash. What is the amount of the taxable gifts, if any, made by Samantha this year?

$31,550

$4,890

None of the choices are correct.

zero - none of the gifts exceed the annual exclusion.

$46,890

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