Silvia Has Three Grandchildren

question 94

Multiple Choice

Silvia has three grandchildren.What is the maximum amount that she can contribute this year to a Section 529 education plan without incurring a gift tax?

• A)$14,000
• B)$42,000
• C)$70,000
• D)$210,000

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Accounts from customers that are considered unrecoverable, leading to a write-off as a bad debt expense.

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