1. If no extensions of time for filing are granted, within how many months after the date of a decedents death is the required federal estate tax return due?

   	a.	3 1/2
   	b.	4 1/2
   	c.	6
   	d.	9

2. John made the following transfers during tax year 2019:

   1. To his neighbor in the amount of $18,000
   2. To his nephew in the amount of $15,000
   3. To his uncle in the amount of $16,000

   All of the transfers are gifts that qualify for the annual exclusion. John files one Form 709 for tax year end December 31, 2019. What is the total annual exclusion amount for gifts listed on Johns 2019 Form 709 filing?

   	a.	$49,000
   	b.	$45,000
   	c.	$15,000
   	d.	$14,000

3. On May 25, 2019, David gave his brother Larry one share of ABC stock, which was traded on an exchange. May 25 was a Saturday, and Monday, May 27, was Memorial Day. These were the quoted prices on Friday and Tuesday:

   	Sales Price
   Date	High	Low	Closing
   May 24	100	93	97.5
   May 28	100.5	95.5	97

   What is the fair market value of Davids gift?

   	a.	$96.50
   	b.	$97.00
   	c.	$97.50
   	d.	$98.00