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Which of the transfers are subject to the federal gift tax

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Reference no: EM132494805

During the year, Rajeev makes the following transfers:

  1. $1,000 to his mayor's reelection campaign.
  2. $21,000 to his aunt, Ava, to reimburse her for what she paid the hospital for her gallbladder operation. (Ava is not Rajeev's dependent.)
  3. $18,000 paid directly to the surgeon who performed Ava's gallbladder operation.
  4. $22,000 to purchase a used pickup truck for his son to use while attending college.

Question 1: Which of these transfers are subject to the Federal gift tax? (Include the total amount, and disregard the annual exclusion).

Reference no: EM132494805

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