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1.Which of the following transfers would result in a taxable gift? a.George gifts $14,000 to his daughter Georgette. b.Eli gifts $50,000 to his wife, Renee,

1.Which of the following transfers would result in a taxable gift?

a.George gifts $14,000 to his daughter Georgette.

b.Eli gifts $50,000 to his wife, Renee, who is a U.S. citizen.

c.Alex gives his favorite employee, Lisa, a new car at Lisa's retirement worth $20,000.

d.Kevin transfers $20,000 to his ex-wife, Cindy, to help support their kids. They were divorced five years ago.

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