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Cathy, a married taxpayer, makes the following gifts during the current year (2019): $25,000 to her church, $74,000 to her daughter, and $21,000 to her
Cathy, a married taxpayer, makes the following gifts during the current year (2019): $25,000 to her church, $74,000 to her daughter, and $21,000 to her husband. Requirement What is the amount of Cathy's taxable gifts for the current year (assuming that she does not elect to split the gifts with her spouse)? (To arrive at taxable gifts, a $15,000 annual exclusion is allowed per donee for 2019. Complete all answer boxes. Enter a "0" for any zero amounts.) Total gift given Taxable gift Gift to daughter Gift to husband Contribution to church Total
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