Shariq made several gifts this year including $27,828 in cash to his son, transferring a car worth $41,097 to his daughter, and paying $22,830 in tuition directly to his daughter's school. He also paid a hospital $28,743 to cover a friend's surgery.
Web & Social Media Analytics Previous Year Question Paper.pdf
Shariq is single and made the following gifts this year. How much m.pdf
1. Shariq is single and made the following gifts this year. How much must he report on his gift tax
return?
Son Cash gift of $27,828
Daughter Transferred car worth $41,097
Daughter Paid tuition of $22,830 directly to her school LSU
Friend Paid the hospital $28,743 to cover a surgery for his friend.