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4. This year Gerrys friend, Dewey, was disabled. Gerry paid $17,850 to Deweys doctor for medical expenses and paid $13,450 to State University for college
4. This year Gerrys friend, Dewey, was disabled. Gerry paid $17,850 to Deweys doctor for medical expenses and paid $13,450 to State University for college tuition for Deweys son.
Required: a-1. Has Gerry made taxable gifts? a-2. What is the amount of the taxable gift?
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