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Jan, an unmarried individual, gave the following outright gifts in 2017: Donee Amount Use by donee Jones $16,000 Down payment on house Craig 15,000 College
Jan, an unmarried individual, gave the following outright gifts in 2017: Donee Amount Use by donee Jones $16,000 Down payment on house Craig 15,000 College tuition Kande 5,000 Vacation trip Jans 2017 exclusions for gift tax purposes should total
1. $36,000
2. $33,000
3. $31,000
4. $27,000
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