Natalie Bryan, a widow who lives at 425 Flathead Way, Kalispell, Montana 59901, hasthree adult children (Daniel Bryan, Amanda Green, and Samantha Cruz). During 2013, Natalie makes the following gifts to the children.
- To Daniel. Office building in Helena acquired in 2001 at a cost of $800,000, current value $1.8 million.
- To Amanda. Rental cabins in Whitefish inherited in 1999 (value $900,000) from her father, current value $1.9 million.
- To Samantha. Vacation lodge on Flathead Lake acquired in 1995 at a cost of $800,000, current value $1.7 million.
Prepare a 2013 gift tax return (Form 709) for Natalie (Social Security number 123- 45-6787). Natalie made no taxable gifts in prior years.