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Business, 25.11.2021 08:20 maggie9459

Mary gave a $30,000 taxable gift (after the application of any relevant annual exclusion) to her son, George, in 2019. She reported the gift on a gift tax return, but paid no tax. In 2020, Mary died. How will Mary's 2019 gift affect her estate tax return

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Mary gave a $30,000 taxable gift (after the application of any relevant annual exclusion) to her son...
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