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American College Exam HS330 Topic 1 Question 51 Discussion

Actual exam question for American College's HS330 exam
Question #: 51
Topic #: 1
[All HS330 Questions]

A wife makes outright gifts of $76,000 to her son this year, and her husband agrees to split the gifts with her. Which of the following correctly states the amount of the taxable gifts?

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Suggested Answer: B

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