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In which of the following circumstances would a gift tax return be due? A. Check for $26,000 to son. B. Transfer of stock valued at
In which of the following circumstances would a gift tax return be due?
A. Check for $26,000 to son.
B. Transfer of stock valued at $30,000 to spouse.
C. Payment of a friends $16,000 tuition expense.
D. None of the answers are correct.
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