MATCHING: -Tax Levied on a Donee Who Transfers Property During Life

question 6

Multiple Choice

MATCHING:
-Tax levied on a donee who transfers property during life

• A)estate tax
• B)income tax
• C)gift tax
• D)1997 Taxpayer Relief Act
• E)Uniform Transfers to Minors Act
• F)Form 1040
• G)Form 4868
• H)Form 709
• I)Form 706
• J)Form 4768

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Definitions:

Modifications

refers to changes or alterations made to the terms of a contract, agreement, or in the design of a product or system.

Contracts

Legal agreements between parties that are enforceable by law.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by the parties to be enforceable.

Unenforceable

A term describing a contract or clause that, due to certain deficiencies or legal restrictions, cannot be upheld or compelled by law.