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This year Jeff earned $600,000 and used it to purchase land in joint tenancy with a right of survivorship with Mary. Has Jeff made a
This year Jeff earned $600,000 and used it to purchase land in joint tenancy with a right of survivorship with Mary. Has Jeff made a taxable gift to Mary and, if so, in what amount? What is your answer if Jeff and Mary are married? (Leave no answer blank. Enter zero if applicable.)
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