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Taxpayer gave her adult son an expensive watch because she loves her son and wanted to do something nice for him to celebrate his birthday.

Taxpayer gave her adult son an expensive watch because she loves her son and wanted to do something nice for him to celebrate his birthday. Which of the following is true as a result? Group of answer choices The watch is likely included in the son's gross income. The watch is likely to be excluded from the son's gross income

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