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    Exam 1: An Introduction to Taxation and Understanding the Federal Tax Law
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    In 2010,José,a Widower,sells Land (Fair Market Value of $100,000)to His
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In 2010,José,a Widower,sells Land (Fair Market Value of $100,000)to His

Question 51

Question 51

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In 2010,José,a widower,sells land (fair market value of $100,000)to his daughter,Linda,for $50,000.José has made a taxable gift of $37,000.

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