Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax returns. Here’s what you need to know about the federal gift tax and how much you can offer as a one ...

Investors who hold assets in taxable accounts—as opposed to tax-favored retirement accounts such as IRAs or 401(k)s—are ...

The IRS has released new inflation-adjusted figures that can impact your estate and gift planning. These numbers seem like a lot to sift through, ...

Annual gift tax exclusion: The exclusion rises to $19,000 per done in 2025. For example, married couples with multiple relatives can gift up to $266,000 in total without triggering a gift tax return.

A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know ...

The Annual Gift Exclusion: Gifting to Children and Others One of the most beneficial provisions in gift tax law is the annual gift exclusion. As of 2024, the IRS allows individuals to give up to $ ...

In 2025, the IRS allows you to give away up to $19,000 ($38,000 for married couples) per year to each individual without owing any taxes on the gift. This is called the annual exclusion.

the gift tax applies whether the donor meant the transfer as a gift or not. The IRS offers generous gift exclusions. For 2025, the annual exclusion is $19,000, meaning tax filers can gift up to $ ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...