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During 2 0 2 3 , Vasu wants to take advantage of the annual exclusion and make gifts to his 9 married children ( plus
During Vasu wants to take advantage of the annual exclusion and make gifts to his married children plus their spouses and his minor grandchildren.
a How much property can Vasu give away this year without creating a taxable gift?
b How does your answer change if Vasu\'s wife, Coleen, elects to join in making the gifts?
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Answer a In 2023 Vasu can give away up to 15000 to each ...
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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts
Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
41st Edition
978-1337385947, 1337390046, 1337385948, 9781337390040, 978-1337385985
