Ginny made the following gifts during the current year. Her husband, Ken, made no gifts...
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Accounting
Ginny made the following gifts during the current year. Her husband, Ken, made no gifts during the year. Gift of land valued at $250,000 to her husband Gift of $20,000 in stock to her daughter Gift of $32,000 to her sister to pay for medical expenses a. How much are Ginnys taxable gifts if gift splitting is not elected? $ b. How much are Ginnys taxable gifts if gift splitting is elected? $
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