Business

Devan Williams

4 November, 21:40

In 2018, Roxanne paid Badlaw University $12,000 for her nephew's tuition and gave her nephew $25,000 in cash. Roxanne is single and did not make any other gifts during the year. What is the amount of Roxanne's taxable gifts for the year?

A) $0.

B) $2,000.

C) $10,000.

D) $24,000.

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