Question 16 Q: 16 Which of the following transactions is a taxable gift for federal gift tax purposes? Options A: A mother purchased listed common stocks titling them in joint names with her daughter and the stocks have not yet been sold. B: A father made a deposit of $100,000 into a bank account titled jointly with his son, and the son has not yet made any withdrawals. C: A man deeded real estate to his sister but did not record the deed nor did he deliver the deed to his sister. D: A grandmother purchased a U.S. savings bond that is registered as payable to her and her two grandchildren and the bond has not yet been surrendered for cash. Save Question Show Answer Discussion 0 Clear Discussion Most voted Newest No comments yet. Be the first to comment. Post Be respectful. No spam. Correct Answer: A
