Question: 14. Which statement is incorrect? a. The current annual exclusion from gift tax is $14,000 per donee per year, indexed for inflation after 1998. b.

14. Which statement is incorrect? a. The current annual exclusion from gift tax is $14,000 per donee per year, indexed for inflation after 1998. b. If the Estate tax exemption is not used at the death of H, H's wife can use the credit. c. In 2015, the estate tax exemption is $5.43 million. d. All of the above.

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