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12-30) Calculation of Gift Tax (PLEASE TELL WHERE YOU GET THE TAX RATES FROM). In 2015, Sondra makes taxable gifts aggregating $300,000. Her only other
12-30) Calculation of Gift Tax (PLEASE TELL WHERE YOU GET THE TAX RATES FROM). In 2015, Sondra makes taxable gifts aggregating $300,000. Her only other taxable gifts amounts to $200,000, all of which she made in 1997.
a) What is Sandra's 2015 Gift Tax Liability?
b) What is Sandra's remaining Unified Credit?
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