Regarding the gift-splitting provision of 2513 comment on, Ask an Expert

Accounting

Regarding the gift-splitting provision of 2513, comment on the following.

a. What it was designed to accomplish.
b. The treatment of any taxable gifts previously made by the non owner spouse.
c. How the election is made.
d. The spouses are divorced during the year.
e. The utility of the election in a community property jurisdiction.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9410017

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