Kimson4489 Kimson4489
  • 18-10-2022
  • Business
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as the first gift from their​ estate, lily and tom phillips plan to give ​$19000 to their​ son, raoul, for a down payment on a house. a. how much gift tax will be owed by lily and​ tom? b. how much income tax will be owed by​ raoul? c. list three advantages of making this gift.

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