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For the holidays, Marty gave a watch worth $25,700 to Emily 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 Emily and jewelry worth $62,750 to Natalie.

a. Has Marty made any taxable gifts this year and, if so, in what amounts?

Marty's taxable gift to Emily

Marty's taxable gift to Natalie

b.
Does it matter if Marty is married to Wendy and they live in a community property state? (Leave no answer blank. Enter zero if applicable.)

Marty's taxable gift to Emily

Marty's taxable gift to Natalie

Wendy's taxable gift to Emily

Wendy's taxable gift to Natalie

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