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this year Jeff earned $740,000 and used it to purchase land in joint tenancy with a right of survivorship with Mary. Has Jeff made a

this year Jeff earned $740,000 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 married are married?

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Question : Taxable gift if Jeff and Mary are unmarried?

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