An Individual Can Give Away Up to $13,000 Per Year

question 92

True/False

An individual can give away up to $13,000 per year before paying an inheritance tax to the IRS.

---

Definitions:

Insert Hyperlink Dialog Box

A feature in many applications that allows the user to add links in a document, directing the reader to websites or files.

Remove Hyperlink

The action of deleting or eliminating a link embedded within a digital document that directs to another section of the document or an external website.

Clear Contents

The action of removing the data within a cell or range of cells in a spreadsheet without deleting the cells themselves.

Remove Hyperlink

The action of deleting a link embedded in a document or webpage, which typically directs users to another document or website when clicked.