TAX 6405 (TAX6405)
Florida Atlantic University
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TAX 6405-Calculation of Gift Tax for Client Ginger Graham
- Exam (elaborations) • 17 pages • 2020
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TAX 6405-Calculation of Gift Tax for Client Ginger Graham/TAX 6405-Calculation of Gift Tax for Client Ginger Graham
Tax Question
In 2013, Ginger Graham, age 46 and wife of Greg Graham, engaged in the transactions
described below. Determine Ginger’s gift tax liability for 2013 if she and Greg elect gift
splitting and Greg gave their son Stevie stock valued at $80,000 during 2013. Ginger’s
grandmother Mamie died November 12, 2010, and Mamie’s will bequeathed $250,000
to Ginger. On March 4, ...
Exam (elaborations)
TAX 6405-Calculation of Gift Tax for Client Ginger Graham
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ago
TAX 6405-Calculation of Gift Tax for Client Ginger Graham/TAX 6405-Calculation of Gift Tax for Client Ginger Graham Tax Question In 2013, Ginger Graham, age 46 and wife of Greg Graham, engaged in the transactions described below. Determine Ginger’s gift tax liability for 2013 if she and Greg elect gift splitting and Greg gave their son Stevie stock valued at $80,000 during 2013. Ginger’s grandmother Mamie died November 12, 2010, and Mamie’s will bequeathed $250,000 to Ginger. On March 4, ...
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