On December 31, 2019, Elena and Edgardo would like to give the maximum amount possible to their five married children, their spouses, and their six grandchildren. under the federal gift tax annual exclusion, and assuming that Elena and Edgardo elect gift splitting, how much can they give their family (in total) for 2019?

On December 31, 2019. Elena and Edgardo would like to give the maximum amount possible to their five mamed children, their spouses and their su granderen. Under the Federal gift tax annual exclusion, and assuming that Elena and Edgardo elect gift splitting, how much can they give their family in total) for 2019 O $224,000 Ob $14,000 O $140,000 Od $70,000 $450,000