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finlep [7]
3 years ago
11

Burt and Lisa are married and live in a common law state. Burt wants to make gifts to their four children in 2019. What is the m

aximum amount of the annual exclusion they will be allowed for these gifts?
a. $14,000.
b. $28,000.
c. $56,000.
d. $112,000.
e. None of these.
Social Studies
1 answer:
nadya68 [22]3 years ago
5 0

The correct answer is letter D

Explanation: The maximum amount of the annual exclusion they will be allowed for the gifts is $112,000.

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