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In 2 0 2 4 , Jos , a widower, sells land ( fair market value of $ 1 0 0 , 0 0 0

2024,

Jos

,

a widower, sells land

(

fair market value of $

100, 000)

to his daughter, Linda, for $

50, 000 .

Jos

has not made a taxable gift.

True

False

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