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Discusss natalie made no taxable gifts in prior years

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Natalie Bryan, a widow, has three children Daniel, Amanda, Samantha. During 2015, Natalie makes the following gifts to the children.

Daniel Bryan: Office building in Helena acquired in 2001 at a cost of $900,000, current value $1.9 million.

Amanda Green: Rental Cabins in Whitefish inherited in 1999 value $1 million from her father, current value $1.8 million.

Samantha: Vacation lodge on Flathead lake acquired in 1995 at a cost of $800,000, current value $1.9 million.

Prepare a 2015 gift tax return (form 709) for Natalie SSN 123-45-6787. Natalie made no taxable gifts in prior years.

Reference no: EM131772686

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