Gross Income: Gifts and Bequests

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This lesson will provide users with scenarios in applying regulations concerning the exclusion of gifts and inheritances from gross income. Questions review Internal Revenue Code section 102.

Learning Outcomes
On completion of the lesson, the student will be able to:
1. Apply the rules under I.R.C. § 102 and all its sub-sections.

5 minutes

Gross Income: Gifts and Bequests
by
James Edward Maule
Professor of Law
Villanova University School of Law


Charlene D. Luke
Professor and Associate Dean for Tax Programs
University of Florida College of Law



Copyright 2005, 2018 CALI
All Rights Reserved
Copyright 1988-2001 James Edward Maule

CALI Author Copyright 1999-2019 Center for Computer-Assisted Legal Instruction.

This program is distributed to licensees for use in accord with an annual membership agreement for 2018-2019. Use after the expiration of the license period is prohibited.

Version 06/17/2020