Multiple Choice
Burt and Lisa are married and live in a common law state.Burt wants to make gifts to their four children in 2016.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 these.
Correct Answer:
Verified
Correct Answer:
Verified
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