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In 2017, John gave his wife, Sarah, gifts that total $250,000. Sarah is a US cittizen. None of John's gifts are terminable interest property. Considering
In 2017, John gave his wife, Sarah, gifts that total $250,000. Sarah is a US cittizen. None of John's gifts are terminable interest property. Considering all allowable exclusions and deductions, how much is John's taxable gift to Sarah? A) $0. B) $107,000. C) $236,000. D) $250,000.
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