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Janet and Bob have three children: Hannah, Jake, and Emily. They have three grandchildren: Parker, Jonah, and Connor. Janet and Bob want to give each

Janet and Bob have three children: Hannah, Jake, and Emily. They have three grandchildren: Parker, Jonah, and Connor. Janet and Bob want to give each child and grandchild the most cash they can without having to file a gift tax return or use any of their credit equivalency. How much can Janet and Bob give in 2022 to their children and grandchildren?
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$96,000.
$16,000.
$192,000.
$32,000.

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