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Question 6 2.5 points Save Answer Your grandma gave you and your sister $20,000 each as gift for your birthday last year. Assuming her MTR
Question 6 2.5 points Save Answer Your grandma gave you and your sister $20,000 each as gift for your birthday last year. Assuming her MTR was 39%; that the annual exclusion was 15,000 per done; and that the Federal Unified Transfer Tax Credit was $2,117,800 for that year; how much tax did your grandma pay on the total gift? a) $0. b) $3,900. c) $7,800. d) $15,600
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