In the Current Year,Cesar,who Is Single,gives $26,000 to Each of His

question 94

Multiple Choice

In the current year,Cesar,who is single,gives $26,000 to each of his 20 nieces and nephews for a total property transfer of $520,000.Cesar's taxable gifts total

• A)$520,000.
• B)$260,000.
• C)$300,000.
• D)$240,000.