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For the holidays, Marty gave a watch worth $25,300 to Sobia and jewelry worth $50,000 to Natalie. a. Has Marty made any taxable gifts this

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For the holidays, Marty gave a watch worth $25,300 to Sobia and jewelry worth $50,000 to Natalie. a. Has Marty made any taxable gifts this year and, if so, in what amounts? b. Assume Marty is married and lives in a community-property state. What are the amounts, if any, of their taxable gifts? Note: For all requirements, leave no answer blank. Enter zero if applicable

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