asanchez6970 asanchez6970

03-12-2019
Business

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In 2018, Roxanne paid Badlaw University $12,000 for her nephew's tuition and gave her nephew $25,000 in cash. Roxanne is single and did not make any other gifts during the year. What is the amount of Roxanne's taxable gifts for the year?

A) $0.
B) $2,000.
C) $10,000.
D) $24,000.

Respuesta :

indian7 indian7

03-12-2019

The answer is c)
$10,000.

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