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Dad has five children and he makes five annual gifts, one to each of them. Mom does the same thing all during the same year.
Dad has five children and he makes five annual gifts, one to each of them. Mom does the same thing all during the same year. Assume that no other gifts are made. How many annual gift tax exclusions are they entitled to in the aggregate? Group of answer choices 10. 5. 2. 1
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