Question

In which of the following situations would someone have to pay a gift tax?

A. a relative dies and leaves you $13,000 in the will
B. your cousin gives you a car worth $1,700
C. your grandmother gives you $13,000 toward college
D. your cousin gets a job paying @32,000 a year

Answer 1

The answer would be B

Answer 2

your grandmother gives you $13,000 toward college