Title: ACC 547 Experience Tradition/newtonhelp.com - PowerPoint PPT Presentation

Description: For more course tutorials visit uophelp.com is now newtonhelp.com www.newtonhelp.com 1. In 2016, Sayers, who is single, gave an outright gift of $50,000 to a friend, Johnson, who needed the money to pay medical expenses. In filing the 2016 gift tax return, Sayers was entitled to a maximum exclusion of 2. On July 1, 2016, Vega made a transfer by gift in an amount sufficient to require the filing of a gift tax return. Vega was still alive in 2016. If Vega did not request an extension of time for filing the 2016 gift tax return, the due date for filing was – PowerPoint PPT presentation