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Mary and Emile would like to give the maximum possible gift that they can to their son without having to pay gift tax. Mary and
Mary and Emile would like to give the maximum possible gift that they can to their son without having to pay gift tax. Mary and Emile have never filed a gift tax return and live in a community-property state. How much can they transfer in 2020 to their son free of gift tax? a. $30,000. b. $4,577,800. c. $11,580,000. d. $23,190,000.
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