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Question 1 Sue made the following outright gifts during one year: $1,014,000 to her husband; $1,014,000 to her son; and $1,014,000 to charity. Assume an
Question 1 Sue made the following outright gifts during one year: $1,014,000 to her husband; $1,014,000 to her son; and $1,014,000 to charity. Assume an annual exclusion of $14,000 for the year of the gift. What is the amount of Sue's taxable gifts for gift tax purposes?
Please help me to solve this question. Thanks
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