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During 2019, Vasu wants to take advantage of the annual exclusion and make gifts to his 5 married children (including their spouses) and his 3
During 2019, Vasu wants to take advantage of the annual exclusion and make gifts to his 5 married children (including their spouses) and his 3 minor grandchildren. a. How much property can Vasu give away in 2019 without creating a taxable gift? Feedback Check My Work b. How does your answer change if Vasu's wife, Coleen, elects to join in making the gifts
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