How much is the total lifetime taxable gift amount

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Andi is a single taxpayer. She has made annual gifts of $60,000 to each of her four children beginning in 2019. Sue dies in 2023 before making any taxable gifts.

Andi has filed a gift tax return each year, reported gifts made, and elected to apply a portion of her Applicable Lifetime Exemption Amount to the gift taxes owed 2019 - 2022.

How much is the total lifetime TAXABLE gift amount Andi has given to her children?

Reference no: EM133360044

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