n 2016, Joshua gave $14,000 worth of XYZ stock to his son. In 2017, the XYZ shares are worth $25,000.
What will be the gift tax in 2017? (Leave no cells blank – be certain to enter “0” wherever required.)
In 2016, you gave a $14,000 cash gift to your best friend. What is the gift tax? (Leave no cells blank – be certain to enter “0” wherever required.)
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