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In 2016, Joshua gave $14,000 worth of XYZ stock to his son. In 2017, the XYZ shares are worth $25,000. 3.Calculating the Gift Tax. What

In 2016, Joshua gave $14,000 worth of XYZ stock to his son. In 2017, the XYZ shares are worth $25,000.

3.Calculating the Gift Tax. What will be the gift tax in 2017?

4.Calculating the Gift Tax. In 2016, you gave a $14,000 cash gift to your best friend. What is the gift tax?

5.Calculating the Gift Tax. How much money can Barry and Mary gift to their children in 2016 without any gift tax liability?

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