In addition to giving away money at the time of their death, individuals are allowed to give gifts of money during their lifetime. In 2022, they were allowed to give up to $16,000 per year to as many individuals as they would like without having anyone having to pay any taxes. The gifts are said to be "excluded" from taxation. Assuming that a couple has plenty of money, how much could the two give to their son and his wife IN TOTAL in 2022 year without anyone having to pay gift taxes? O $48,000 $128,000 $32,000 $64,000 $16,000

In addibon to giving away money at the time of their death, individuals are allowed to give gitts of money during their lifetime, In 2022, they were allowed to give up to $16,000 per year to as mary individuals as they would like without having anyone having to pay any taus. The gifts are said to be "excluded" from taxation, Assuming that a couple has plenty of money. how much could the two give to their scon and his wife IN TOTAL in 2022 vear without anyone hawing to pay gift taxes? $128000 192.000 564,000 516000