Question: In 2 0 2 3 , Joshua gave $ 1 6 , 0 0 0 worth of Nvidia stock to his son. In 2 0

In 2023, Joshua gave $16,000 worth of Nvidia stock to his son. In 2024, the Nvidia shares were worth $25,000.
What was the gift tax in 2023?
Gift tax
In 2 0 2 3 , Joshua gave $ 1 6 , 0 0 0 worth of

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