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This year Gerrys friend, Dewey, was disabled. Gerry paid $15,600 to Deweys doctor for medical...

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Finance

This year Gerrys friend, Dewey, was disabled. Gerry paid $15,600 to Deweys doctor for medical expenses and paid $12,700 to State University for college tuition for Deweys son.

Required: a-1. Has Gerry made taxable gifts? a-2. What is the amount of the taxable gift?

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