Multiple Choice
Burt and Lisa are married and live in a common law state. Burt wants to make gifts to their four children in 2014. What is the maximum amount of the annual exclusion they will be allowed for these gifts?
A) $14,000.
B) $28,000.
C) $56,000.
D) $112,000.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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