Which of the Following Statements Is True

question 84

Multiple Choice

Which of the following statements is true?

• A)If the donor does not pay the gift tax, the donee is personally liable for the tax.
• B)When a married couple elects gift splitting, each spouse is potentially liable for 50% of the gift tax.
• C)Gift tax returns are due March 15 in the year following the gift.
• D)Donors can request an automatic extension of time to pay their gift tax even when they don't request to have an income tax extension.

---

Definitions:

Substance Abusers

Substance abusers are individuals who engage in the harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs.

Social Worker

A professional dedicated to helping people address personal and systemic challenges, improve relationships, and support community well-being.

Crisis Intervention

A method designed to offer immediate, short-term assistance to individuals experiencing a life crisis, aiming to reduce stress and improve functioning.

Directive

An authoritative order or instruction given by someone in power, meant to guide actions or conduct.