Question: State whether True or False and please be sure your answer is right, thank you. 4. 5. The donor of a gift is not entitled

State whether True or False and please be sure your answer is right, thank you.

State whether True or False and please be sure your answer is

4. 5. The donor of a gift is not entitled to a deduction "from" adjusted gross income. The value of a stock distribution classified as a distribution on preferred stock is generally a non taxable event to the recipient shareholder. An amount paid by the Veterans Administration to a family member of a military disabled veteran as a subsistence allowance is excluded from gross income. 6

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