Concerning the election to split gifts under 2513, which of the following statements is incorrect?

The election can be made even if the parties are not married for the entire year of the gift.

The election does take into account any prior taxable gifts made by either spouses.

The election doubles the number of annual exclusions available.

The election has no utility in a community property jurisdiction.

The election can be made even if the parties are divorced as long as neither spouse has remarried by the end of the year.