What was the gift tax

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Question - In 2016, Joshua gave $14,000 worth of Microsoft stock to his son. In 2017, the Microsoft shares were worth $23,000. What was the gift tax in 2016? The gift tax exemption in 2016 was the same as in 2017.

Reference no: EM132776592

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What was the gift tax : In 2016, Joshua gave $14,000 worth of Microsoft stock to his son. In 2017, the Microsoft shares were worth $23,000. What was the gift tax in 2016
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