File Edit View History Bookmarks Tools Help X McGraw-Hill Connect X Question 5 - Chapter 14 Quiz - Con X + CA O B ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=08launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FImsCloseV B & E Chapter 14 Quiz i Saved Help Save & Exit Submit * You received no credit for this question in the previous attempt. View previous attempt 5 In 2024, Don and his son purchased real estate for an investment. The price of the property was $500,000, and the title named Don and his son as joint tenants with the right of survivorship. Don provided $320,000 of the purchase price and his son provided the remaining $180,000. Has Don made a taxable gift and, if so, in what amount? Multiple Choice O Don has made a taxable gift of $320,000. O Don has made a taxable gift of $180,000. Don has made a taxable gift of $70,000. O Don has made a taxable gift of $52,000. X None of the choices are correct-Don did not make a taxable gift. Grav O 3:14 PM 6/1/2025