Becky made taxable gifts in 2013,2014,and 2015.In computing the gift tax on the 2015 gift,she must consider all of the prior taxable gifts.

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In order to determine the gift tax on a given year's gift, the IRS requires that all prior taxable gifts made by the donor be taken into consideration. This is known as the "unified credit" system, which allows taxpayers to make a certain amount of tax-free gifts over their lifetime but requires them to include all previous taxable gifts when calculating the tax owed on any new gifts.

Becky Made Taxable Gifts in 2013,2014,and 2015