FAMST 101C Lecture 17: Lecture 17 HOLIDAY
8 views1 pages
Get access
Grade+
$40 USD/m
Billed monthly
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
10 Verified Answers
Class+
$30 USD/m
Billed monthly
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
7 Verified Answers
Related Documents
Related Questions
Bessie, a widow, makes cash gifts to her two married children(including their spouses) and to her three grandchildren. What isthe maximum amount Bessie can give for calendar year 2017 withoutusing her unified transfer tax credit?
a. | $14,000 | |
b. | $28,000 | |
c. | $56,000 | |
d. | $70,000 | |
e. | $98,000 |
3 points
QUESTION 4
For tax year 2017, Bob filed his tax return on April 25, 2018.Assuming Bob is a calendar year individual with no fraud orsubstantial omission involved, what is the statute of limitation onBobâs 2017 tax return?
(Note: 2017 tax returns due date was4/17/2018)
a. | 12/31/2020 | |
b. | 4/15/2021 | |
c. | 4/17/2021 | |
d. | 4/25/2021 | |
e. | None of these |