Welcome. My name is XXXXX XXXXX it will be my pleasure to assist you with your tax question today.
If the land is worth more than $14,000, you will be required to REPORT the gift for 2013, but you will not owe any tax unless you have utilized your lifetime gift limit of $5,250,000.
Please let me know if you require further information or clarification.
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The information that you gave me sounds good. My check for $30 finalizes my obligation to you. Right?
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