By making the gift-splitting election, an unmarried donor can in effect make use of twice the annual exclusion to which she is normally entitled.
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Q1: Congress has chosen to exclude many sources
Q2: An expenditure is deductible only when listed
Q3: A source of income is taxable only
Q4: Congress enacted wealth transfer taxes primarily to
Q5: The estate tax applicable credit amount, generally
Q7: If T is in the 35 percent
Q8: The Federal income tax base is called
Q9: Unlike the unified transfer tax, the typical
Q10: Both FICA and FUTA impose a double
Q11: The unitary tax is a device that
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