Donative ams (102) During the current year, Alexis gives her daughter Tabatha stocks worth $80,000 on the condition that she say her son Rory the first $7,000 dividends on the stack each year what me teability of th arrangement in each of the hillowing cases The stocks pey total dividends of 38,000. Tabatha peys Rury $7,000 under the agreement. Rory inchides the r m his gross income Tabatha taxed on the The sticks pay tutal vidends of $5,500. Tabatha pers Rory $5,500 under the agreement. Rory is tied in the s and Tabatha receives no vidends and has ne Donative Items (LO. 2) During the current year, Alexis gives her daughter Tabatha stocks worth $80,000 on the condition that she pay her son Rory the first $7,000 in dividends on the stock each year. What is the taxability of this arrangement in each of the following cases? a. The stocks pay total dividends of $8,000. Tabatha pays Rory $7,000 under the agreement. Rory includes the $ in his gross income. Tabatha is taxed on the $ retains. of dividends that she Feedback b. The stocks pay total dividends of $5,500. Tabatha pays Rory $5,500 under the agreement. Rory is taxed on the $ and Tabatha receives no dividends and has no income from the dividends