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Assuming seneca makes the five-year election what is the

Seneca would like to start building a college education fund for her 5-year old daughter. In 2016, Seneca contributes $80,000 to the designated carrier of her state's § 529 plan.

Assuming Seneca makes the five-year election what is the amount of her taxable gift?

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Accounting Basics: Assuming seneca makes the five-year election what is the

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