Which of the following is true in 2019 due to the annual federal gift tax exclusion:: 

A) The client can give away up to a maximum of $5,000 to any number of of individual donees (gift recipients) without any adverse federal gift or estate tax consequences. 

B) The client can give way up to $15,000 to any number of individual donees (gift recipients) ) without any adverse federal gift or estate tax consequences. 

C) The client can make annual gifts totaling up to $1 million without any adverse federal gift or estate tax consequences. 

D) The client and spouse can together make joint annual gifts totaling up to $100,000 to any number of individual donees (gift recipients)) without any adverse federal gift or estate tax consequences.

Answer rating: 100% (QA)

Correct Answer B Explanation Annual Exclusion is the amount of money whic... View the full answer