The gift tax limit affects how much can be given each year without tax consequences. See what counts as a gift and when ...
Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, whenever you give something to someone, you have to follow the gift-tax rules.
Most people won’t owe gift tax in 2025 or 2026. Learn the annual limits, lifetime exemption, when Form 709 is required, and ...
Knowing the annual gift tax exemption can save you time and money.