Question
Paula James made the following gifts in 2021: Bill Son $42,000 Cash Alisha Daughter $76,000 Cash United Givers Fund Non-profit $20,000 Cash Thomas Husband $60,000
Paula James made the following gifts in 2021:
| Bill | Son | $42,000 Cash |
| Alisha | Daughter | $76,000 Cash |
| United Givers Fund | Non-profit | $20,000 Cash |
| Thomas | Husband | $60,000 Cash |
| Brenda | Grandchild | $80,000 Land |
Assume that Paula elects gift-splitting with her husband, what are her taxable gifts?
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Evidence Based Audit In General Practice
Authors: Richard Baker, Robin C. Fraser MD FRCGP, Mayur Lakhani MRCP MRCGP DCH
1st Edition
075063104X, 978-0750631044
