Multiple Choice
Burt and Lisa are married and live in a common law state.Burt wants to make gifts to their four children in 2013.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
Related Questions
Q32: In 2012, José, a widower, sells land
Q51: There is a Federal excise tax on
Q59: A safe and easy way for a
Q65: In 2011,Deborah became 65 years old.In 2012
Q67: Pablo,a sole proprietor,sold stock held as an
Q82: Lucinda is a 60% shareholder in Rhea
Q87: Taxes levied by all states include:<br>A)Tobacco excise
Q89: A parent employs his twin daughters, age
Q153: Property can be transferred within the family
Q180: Which, if any, of the following provisions