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In 2012, Sayers, who is single, gave an outright gift of $50,000 to a friend, Johnson, who needed the money to pay medical expenses. In
In 2012, Sayers, who is single, gave an outright gift of
$50,000 to a friend, Johnson, who needed the money to pay
medical expenses. In filing the 2012 gift tax return, Sayers was
entitled to a maximum exclusion of
$50,000 to a friend, Johnson, who needed the money to pay
medical expenses. In filing the 2012 gift tax return, Sayers was
entitled to a maximum exclusion of
$0$12,000$13,000$50,000
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
