Viv is single age made a gift of 40,000 to her friend joe in 2023. How much is Viv"s taxable gift

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter2: Gross Income And Exclusions
Section: Chapter Questions
Problem 17P
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ples dunot hendrayting

Viv is single age made a gift of 40,000 to her friend joe in 2023. How much is Viv"s taxable gift
Transcribed Image Text:Viv is single age made a gift of 40,000 to her friend joe in 2023. How much is Viv"s taxable gift
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