American College Exam HS330 Topic 1 Question 5 Discussion

Actual exam question for American College's HS330 exam

Question #: 5
Topic #: 1

A widow made the following cash gifts during the current year:

Donee Amount of Gift

A qualified charity $40000

A close friend 30,000

Her sister 5,000

Her daughter 15,000

Her brother 10,000

The total amount of the taxable gifts made this year was

A$23,000

B$45,000

C$52,000

D$95,000

Show Suggested Answer

Suggested Answer: A

by Leslie at May 08, 2022, 09:36 PM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!