All of the following statements relating to qualified transfers for gift tax purposes are true except
A. The exclusion for a qualified transfer is in addition to the annual exclusion.
B. A qualified transfer is allowed without regard to the relationship between the donor and donee.
C. Only that part of a payment to a qualified educational institution that applies to direct tuition costs is a qualified transfer.
D. A payment made directly to an individual to reimburse him for his medical expenses is a qualified transfer.
Answer: D. A payment made directly to an individual to reimburse him for his medical expenses is a qualified transfer.
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Indicate whether the statement is true or false