asked 151k views
2 votes
Burt and Lisa are married and live in a common law state. Burt wants to make gifts to their four children in 2019. What is the maximum amount of the annual exclusion they will be allowed for these gifts? a.$15,000. b.$30,000. c.$60,000. d.$120,000. e.None of these choices are correct.

1 Answer

3 votes

Answer:

D. $120,000

Step-by-step explanation:

answered
User Joe Amenta
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.