J.J. Okulski has paid $20,000 to the Smiling Acres Nursing Home for the support of his disabled aunt. Wh the following statements is correct? O A. J.J. should list this transfer as a gift on his annual gift tax return because all gifts are reportable. J.J. should list this transfer as a gift on his annual gift tax return because it exceeds the B. annual exclusion. C. J.J. should not list this transfer as a gift on his annual gift tax return because a lifetime exclusion exists. >