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In November 1976, Grant Uses $30,000 of the Specific Exemption

Question 28

Multiple Choice

In November 1976, Grant uses $30,000 of the specific exemption available at that time. The unified credit available to Grant for post-1976 transfers is reduced by


A) $0.
B) $6,000.
C) $15,000.
D) $30,000.

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