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Aheahe recently donated $20 million to a local children's non-profit hospital. Which of the following statements is correct concerning the gift? Select answer from the options below: a) The hospital must pay taxes on the gift. b) Since the gift was given to a charity, no federal taxes are owed on it. c) Since the gift exceeds $17,000, Aheahe must pay federal taxes on it. d) None of the choices is correct.
Sagot :
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