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(Solved): Sapna gave each of her 10 nieces and nephews $10,000 this year. In all, she gave away $100,000 of he ...



Sapna gave each of her 10 nieces and nephews

$10,000

this year. In all, she gave away

$100,000

of her wealth. Assume she made no other gifts this year. Which of the following is correct? Sapna must pay gift tax this year. Sapna does not need to pay gift tax this year.



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