asked 184k views
5 votes
In which of the following situations would someone have to pay a gift tax?

a. A relative dies and leaves you $13,000 in the will.
b. You parents give you a car for your 16th birthday.
c. Your grandmother gives you $13,000 toward college.
d. Your cousin gets a job paying $32,000 a year.

asked
User MusicMan
by
7.8k points

1 Answer

4 votes
Answer: C. Your grandmother gives you $13,00 toward college
answered
User Linsek
by
8.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories