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Video – CPA Exam Gift Tax Exclusion

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James writes in, “Hoping you could help answer a question I had for Regulation. I’m taking the CPA Exam at the end of next month and noticed in some of the practice questions for my CPA Review Course that the gift tax exclusion they referred to is $15K, which is the 2018 exclusion. I was under the impression that $14K would be the exclusion amount tested in 2018. Can you help confirm this?”

 

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Jeff Elliott, CPA (KS)

Another71.com & NINJA CPA Review
 
 
 
 

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