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American College Exam HS330 Topic 1 Question 5 Discussion

Actual exam question for American College's HS330 exam
Question #: 5
Topic #: 1
[All HS330 Questions]

A widow made the following cash gifts during the current year:

Donee Amount of Gift

A qualified charity $40000

A close friend 30,000

Her sister 5,000

Her daughter 15,000

Her brother 10,000

The total amount of the taxable gifts made this year was

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