How the election is made, Regarding the gift-splitting

How the election is made

Reference no: EM13129819

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.

Reference no: EM13129819

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