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please help to confirm QUESTION 7 4 points Taxpayer and spouse give $50.000 to each of the four grandchildren during the yearWhat amount of this
please help to confirm QUESTION 7 4 points Taxpayer and spouse give $50.000 to each of the four grandchildren during the yearWhat amount of this giftis potentially table to faxpayer and spouse? $150,000 O $80,000 O $90,000 $50,000 QUESTIONS 4 points So Taxpayer successfully exchanges a building with basis of $500,000 and depreciations of $200.000 for blackacre of $1,000,000 and $50,000 casti What is the realizod gam on this exchange? SO $50,000 $1,000,000 2 $750,000
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