Tom, who is married, gave a vase worth $40,000 to his sister, Julie. Tom's basis in the vase is $10,000. What amount will Tom report as the value of the gift on Form 709?

________ is data that originates outside of the client organization

A) Internal data B) External data C) Modular data D) Secondary data E) Supporting data

The concept of Bona Fide Occupational Qualification is broadly interpreted by the courts

Indicate whether the statement is true or false