Homework Answers
Answer:-
According to that Unlimited marital deduction it allows to gift any property to your spouse without incurring any amount of tax, provided that the spouse is a US citizen.
Here in the given case ,Sylvia is a US citizen ,James her husband can gift any amount without incurring any taxes.
Therefore, there will be no tax liability to Sylvia. She will get the full amount $200,000 as a Gift from James.
correct answer is option d) $200,000
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