Which of the Following Is a Completed Taxable Gift

question 115

Multiple Choice

Which of the following is a completed taxable gift?

• A)$20,000 in cash contributed to the committee to reelect Senator BlowHard.
• B)$15,000 in cash given to Valley Hospital for the care of a neighbor who was in an auto accident.
• C)$18,000 in cash given to a needy student to pay for college tuition.
• D)$55,000 in cash transferred to a former spouse under a written property settlement shortly after a divorce.
• E)None of these is a completed taxable gift.

---

Definitions:

Depersonalization/Derealization Disorder

A mental disorder marked by episodes of feeling detached from one's own body and thoughts (depersonalization) or experiencing surroundings as unreal (derealization).

Distinct Personalities

The existence of two or more clearly different personality states or identities in an individual, often related to complex psychological conditions.

Detached

Emotional state of being aloof or objective, often used to describe a way of coping by maintaining an emotional distance.

Dissociative Amnesia

A disorder characterized by memory loss that cannot be explained by ordinary forgetfulness, often related to traumatic or stressful events.