Business
Business, 19.12.2019 20:31, Loowkeychrissy7227

In the current year, blum, who is single, gave an outright gift of $50,000 to a friend, gould, who needed the money to pay medical expenses. in filing the current-year gift tax return, blum was entitled to a maximum exclusion of

a. $50,000

b. $20,000

c. $15,000

d. $0

answer
Answers: 1

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In the current year, blum, who is single, gave an outright gift of $50,000 to a friend, gould, who n...

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