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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 1: An Introduction to Taxation and Understanding the Federal Tax Law
  5. Question
    Julius, a Married Taxpayer, Makes Gifts to Each of His
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Julius, a Married Taxpayer, Makes Gifts to Each of His

Question 105

Question 105

True/False

Julius, a married taxpayer, makes gifts to each of his six children.A maximum of twelve annual exclusions could be allowed as to these gifts.

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