Question
In 2017, Roger, who is single, gave an outright gift of $15,000 to a friend, Matt, who needed the money to pay tuition at an
In 2017, Roger, who is single, gave an outright gift of $15,000 to a friend, Matt, who needed the money to pay tuition at an accredited university. In filing his 2017 gift tax return, Roger was entitled to a maximum exclusion of
a. $0.
b. $12,000.
c. $14,000.
d. $15,000.
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A History Of Accountancy In The United States
Authors: Gary John Previts, Barbara Dubis Merino
98th Edition
0814207286, 978-0814207284
