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Gift tax returns are required to be filed each year a donor makes a gift, except for certain gifts. Check each example below that qualifies
Gift tax returns are required to be filed each year a donor makes a gift, except for certain gifts. Check each example below that qualifies as an exception to the filing requirement:
Group of answer choices
Gift to spouse
Gift made to charity
Gift in excess of the annual exclusion amount
Gift less than the Unified Credit
Gift for medical expenses
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