For the holidays, Marty gave a watch worth $20,900 to Emily and jewelry worth $54,500 to Natalie.

:

1. Has Marty made any taxable gifts this year and, if so, in what amounts?
2. Assume Marty is married to Wendy and they live in a community-property state. What are the amounts, if any, of their taxable gifts?

(For all requirements, leave no answer blank. Enter zero if applicable.)

a. Marty's Taxable gift to Emily__________

Marty's taxable gift to natalie __________

Marty' taxable gift to Emily ___________

Marty' taxable gift Natalie ____________

Wedny's taxable gift to Emily_____________

Wendy's Taxab;e goft to Natalie __________