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Lisa made the following transfers during 2020: $18,000 to her grandson for his law school tuition. $1,000 to her neighbor to help him pay a

Lisa made the following transfers during 2020: $18,000 to her grandson for his law school tuition. $1,000 to her neighbor to help him pay a hospital bill. A transfer of property valued at $100,000 to a GRAT. Lisa retained an annuity valued at $40,000 and her daughter is the remainder beneficiary. What is the total amount of Lisas taxable gifts for 2020?

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$48,000.

$60,000.

$63,000.

$65,000.

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