Charles gave his three grandsons $20,000 each,his friend,Joe,$15,000,and his daughter $30,000.His second wife,Marla,gave her three children $50,000 each and $50,000 to her church.What are Charles and Marla's taxable gifts if they elect gift splitting?
A) $68,000
B) $90,000
C) $145,000
D) $193,000
Correct Answer:
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