Question: 3 . Taxpayer I ( I ) transferred $ 8 , 0 0 0 , 0 0 0 to irrevocable trust T ( T )

3. Taxpayer I (I) transferred $8,000,000 to irrevocable trust T (T) in 2020. The terms of trust T are that T will pay I trust income for as long as T is alive, and at the end of Ts life, pay the remainder to Ts son S.
a. Has I made a taxable gift in 2020? If so, how much?

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