In earlier years, neither Hugo nor Wanda, his wife, made any taxable gifts. In 2014, Hugo gave

Question:

In earlier years, neither Hugo nor Wanda, his wife, made any taxable gifts. In 2014, Hugo gave $14,000 cash to each of his 30 nieces, nephews, and grandchildren. In 2015, Wanda gives $34,000 of stock to each of the same people. What is the minimum legal gift tax liability before reduction for the unified credit for each spouse for each year?