One of the following statements is correct. Which is it? In the preparation of the donor’s tax return:Dowries are shown as deductions from the gross gifts.Dowries are not shown any more as gross gifts and as deductions.Spouses making donations of conjugal community property prepare one donor’s tax return.Donor’s tax on donations to strangers and to non-strangers are computed and shown in separate returns.

Answered: One of the following statements is…

One of the following statements is correct. Which is it? In the preparation of the donor’s tax return: Dowries are shown as deductions from the gross gifts. Dowries are not shown any more as

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

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Chapter18: The Federal Gift And Estate Taxes

Section: Chapter Questions

Problem 13DQ

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Question

One of the following statements is correct. Which is it? In the preparation of the donor’s tax return:

Dowries are shown as deductions from the gross gifts.
Dowries are not shown any more as gross gifts and as deductions.
Spouses making donations of conjugal community property prepare one donor’s tax return.
Donor’s tax on donations to strangers and to non-strangers are computed and shown in separate returns.

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