As of 2013, What Is the Maximum Yearly Amount That

question 73

Multiple Choice

As of 2013, what is the maximum yearly amount that an individual can give as a gift without incurring gift tax liability or having to report the gift to the IRS?

• A) $5,000
• B) $14,000
• C) $15,000
• D) $20,000
• E) $25,000

---

Definitions:

Stranger Anxiety

A developmental phase in infants and young children, where they exhibit fear or distress towards unfamiliar people.

Fear and Wariness

Emotional responses to perceived threats, involving apprehension or anxiety about future harm or discomfort.

First Half of the First Year

Refers to the initial six months of an infant's life, a period marked by rapid developmental changes.

Computer Skills

The ability to operate computer software, hardware, and other digital tools efficiently for various tasks and professional requirements.