The marital and charitable deductions are common to both the estate tax and the gift tax formulas.
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Q6: The tax rate schedule on taxable transfers
Q7: The annual exclusion applies to cumulative gifts
Q8: The exemption equivalent was repealed in 2010.
Q9: When a gift-splitting election is made, gifts
Q10: An exemption equivalent is the amount of
Q12: The gift tax is imposed on inter
Q13: For 2020, the exemption equivalent for the
Q14: A gratuitous transfer of cash made directly
Q15: The annual exclusion eliminates relatively small transfers
Q16: The applicable credit is designed to allow
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