A donor can give to each of any number of donees, without any tax consequences, the sum of

Question

Quizplus · Accepted Answer

Under current tax law, a donor can give up to $13,000 to any number of donees without incurring any gift tax liability or having to file a gift tax return. This is known as the annual exclusion amount. Therefore, option C is the best choice. The other options are not correct, as they either do not reflect the current annual exclusion amount or exceed it.

A Donor Can Give to Each of Any Number of Donees