The US Internal Revenue Service (IRS) has announced that the annual gift tax exclusion will remain at $19,000 per recipient in 2026, the same as in 2025. The annual amount that may be given to a ...
Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have ...
Q: A friend is buying his parents’ home. He is using an online lender. He doesn’t have a real estate agent, and there is no ...
Our gift tax calculator estimates how much of your annual and lifetime exclusions will be used up by your gift, and whether you'll have to pay any taxes on it. Many, or all, of the products featured ...
The 2025 gift tax exclusion allows $19,000 in tax-free gifts per person, helping high earners manage future estate taxes.
How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2024, you can give your son and daughter-in-law each $18,000 without having to deal with ...
Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...