21. John gave $28,000 to each of his 10 grandchildren this year. Lisa, his wife, made no...
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21. John gave $28,000 to each of his 10 grandchildren this year. Lisa, his wife, made no gifts during the year.
a. How much are John’s taxable gifts if gift splitting is not elected?
b. How much are John’s taxable gifts if gift splitting is elected?
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