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. Assume D , a widower, made no prior taxable gifts. Consider 2501, 2502, 2505, and 6019. In 2012, D makes his first taxable gift
. Assume D, a widower, made no prior taxable gifts. Consider 2501, 2502, 2505, and 6019.
In 2012, D makes his first taxable gift in the amount of $4,500,000. What are the gift tax ramifications of the transfer? What is the amount of the gift tax payable? Must D file a gift tax return?
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