The Maximum Amount That an Individual Can Give Another in a Year

question 58

Multiple Choice

The maximum amount that an individual can give another in a year without being subject to estate taxes is

• A) All gifts are taxable.
• B) $10,000.
• C) $14,000.
• D) $15,000.
• E) No gifts are taxable.

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Definitions:

Xerox

A multinational corporation known for its expertise in print and digital document products and services.

Salutary Suggestions

Recommendations or proposals that are intended to promote health, well-being, and beneficial outcomes.

Healthy Boundaries

Limits set by individuals that allow for emotional and physical health and well-being by defining acceptable behavior from others.

Stamina

The physical or mental endurance that allows someone to sustain prolonged stressful effort or activity.