In 2013, Joshua gave $14,000 worth of XYZ stock to his son. In 2014, the XYZ shares

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In 2013, Joshua gave $14,000 worth of XYZ stock to his son. In 2014, the XYZ shares are worth $25,000.

a. What was the gift tax in 2010?

b. What is the total amount removed from Joshua’s estate in 2014?

c. What will be the gift tax in 2014?

Related Book For answer-question

Focus on Personal Finance

ISBN: 978-0077861742

5th edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Posted Date: Apr 14, 2020 07:22 AM

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In 2013, Joshua gave $14,000 worth of XYZ stock to his son. In 2014, the XYZ shares

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Focus on Personal Finance

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