Andrew and Brianna Are Married and Live in Texas, a Community

question 67

Multiple Choice

Andrew and Brianna are married and live in Texas, a community property state. For their birthdays this year Andrew gave cash gifts of $20,000 to each of his two daughters, and Brianna gave $30,000 to her niece. What is the amount of Andrew's taxable gifts?

• A) $14,000.
• B) $1,000.
• C) $28,000.
• D) zero if Andrew and Brianna elect to split gifts.
• E) None of the choices are correct.

---

Definitions:

Physiological Needs

Basic physical requirements for human survival, such as air, water, food, shelter, and sleep.

Prestige

The respect, admiration, or distinction accorded to an individual or organization from achievements, quality, or reputation.

Esteem

The respect and admiration that an individual is regarded with by others.

Esteem Needs

According to Maslow's hierarchy of needs, these are the requirements for respect, self-esteem, and respect from others, crucial for an individual's well-being.