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The gift tax exclusion for 2023 is $17,000 The answer is NOT 90,000 and 180000. The answer is NOT 102,000 and 104,000. I have posted
The gift tax exclusion for 2023 is $17,000
The answer is NOT 90,000 and 180000. The answer is NOT 102,000 and 104,000. I have posted this question twice, gotten wrong answers and nobody follows up. PLEASE HELP.
Answer the following regarding the gift tax exclusion. a. Patel is single and gives each of his six grandchildren \\( \\$ 30,000 \\) this year (2023). Patel's gift tax exclusion is \\( \\$ \\) \\( \\mathbf{X} \\). b. Assume Patel is married and elects to gift-splitting with his wife. Patel's gift tax exclusion is \\$Step by Step Solution
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