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For the holidays, Marty gave a watch worth $25,700 to Sobia and jewelry worth $62,750 to Natalie. a. Has Marty made any taxable gifts this

For the holidays, Marty gave a watch worth $25,700 to Sobia and jewelry worth $62,750 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?

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