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Which of the following is a taxable gift? Elliot sold his house to his son, Jason, for $100,000. Similar houses in Elliot's neighborhood sold for
Which of the following is a taxable gift?
Elliot sold his house to his son, Jason, for $100,000. Similar houses in Elliot's neighborhood sold for $500,000.
Arianna gave $62,000 to a qualified charitable organization.
Stanley paid $18,000 for his granddaughter's private elementary school tuition. He made the payment directly to the school.
Craig paid $14,000 in hospital bills for his adult daughter, Diane. He paid the hospital directly.
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