Question
This year Alex's friend, Sabrina, was disabled. Alex paid $30,000 to Sabrina's doctor for medical expenses. In addition, Alex also paid $30,000 to Sabrina directly
This year Alex's friend, Sabrina, was disabled. Alex paid $30,000 to Sabrina's doctor for medical expenses. In addition, Alex also paid $30,000 to Sabrina directly so that her son could afford tuition at Florida International University this year. Has Alex made taxable gifts, and if so, in what amounts
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
978-0538473637
