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Problem 19.5 Calculating the Gift Tax [LO19-5] Barry and his wife Mary have accumulated over $9 million during their 51 years of marriage. They have

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Problem 19.5 Calculating the Gift Tax [LO19-5] Barry and his wife Mary have accumulated over $9 million during their 51 years of marriage. They have ten children and twelve grandchildren. How much money can Barry and Mary gift to their children in 2021 without any gift tax liability? Note: Enter your answer in dollars not in millions of dollars

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