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This year, Gerry's friend, Dewey was disabled. Gerry paid $15,000 to Dewey's doctor for medical expenses and paid $12,500 to State University for college tuition
This year, Gerry's friend, Dewey was disabled. Gerry paid $15,000 to Dewey's doctor for medical expenses and paid $12,500 to State University for college tuition for Dewey's son. Has Gerry made taxable gifts, and if so, in what amounts?
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