Question: Due to substantial medical expenses, Quincy is delinquent by $11,000 in paying the property taxes on his home. To avoid an adverse effect on his credit rating, Quincy's mother, Gwen, offers to pay the property taxes. What are the tax consequences to Quincy and to Gwen:
a. If she makes the payment?
b. If she gives the $11,000 to Quincy and he makes the payment?