Each of the named recipients of money or property below is your 2020 tax return client. All relevant facts, of which you are fully aware, occurred in 2020. As to which client would you feel most comfortable in treating the circumstances as reflecting a tax-free gift (and therefore not reportable as Other income on the clients Form 1040), and why? Explain in 2-3 sentences.

(a) Timmy and Tammy have been seeing each other for the better part of a year. On Valentines Day, Tammy surprises Timmy with a $3,500 top-of-the-line Trek mountain bike...

(b) Billy works as the personal assistant to the CEO of ABC Corp., and she (the CEO) likes Billy very much. Very much in fact, at her initiation the two of them sometimes engage in after-hours activities of the kind more commonly associat-ed with romantic couples (although they arent, really). On Billys birthday she surprises him with a top-of-the-line Trek mountain bike. The $3,500 cost is notincluded on Billys W-2...

(c) Franny, a college student, receives no financial support from her family shes on her own and is paying her own way through school. Franny is much too busy to hold down even a part-time job. However, she does list herself on a sugar baby website and on weekends finds time to see one or more gentlemen, all of whom are very generous. Franny does nothing illegal but does accept ex-pensive gifts, sometimes money, very appreciatively. One of her gentlemen-friends, for example, pays the rent on her apartment

(d) Dani is a hard-working server at an expensive restaurant. One evening, after a customer leaves, she finds that he has left not only the signed credit card bill, including the standard 20% tip, but also $1,000 cash. And his business card