The writer is very fast, professional and responded to the review request fast also. Thank you.
In 2015, John made a single, large cash gift to his father in the amount of $7,194,000. Two years ago, John had made taxable gifts that totaled $400,000. For 2015, John computed the gift tax as follows:
If $978,200 is not the correct gift tax for this situation, what is John’s gift tax for 2015?
A.None of the other answers is correct.
B.$976,800 is the correct gift tax for 2015
C.$2,755,800 is the correct gift tax for 2015
D.$160,200 is the correct gift tax for 2015
E.$860,000 is the correct gift tax for 2015
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more