Which of the following situations requires that a gift tax return be filed?

Question

Quizplus · Accepted Answer

Gift tax returns are generally required when a gift exceeds the annual exclusion amount (which is $16,000 for 2023) or does not qualify for an exclusion. Gifts between spouses (A) are generally not taxable due to the unlimited marital deduction. Gifts that do not exceed the annual exclusion amount (B) do not require a gift tax return. Direct payments for someone's medical bills (C) are excluded from gift tax. However, adding someone as a joint tenant on real property without receiving consideration in return (D) is considered a gift of half the property's value, likely exceeding the annual exclusion amount and requiring a gift tax return.

Which of the Following Situations Requires That a Gift Tax