Find common questions and answers about gift taxes, including what is considered a gift, which gifts are taxable and which are not and who pays the gift tax.

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...

Dec 3, 2025 · Giving to a loved one or charity can be one of life's greatest joys. But when it comes to gifting, there are some key issues, including potential tax implications, that you'll want to keep in …

If the value of the transfer exceeds the annual gift limit, you may need to file a gift tax return (but not necessarily pay taxes unless you exceed your lifetime gifting limit).

Jul 2, 2025 · Learn the rules on gifting money to family, including tax limits, lifetime exclusions, Form 709 reporting, and exceptions for tuition or medical bills.

Nov 6, 2025 · Learn the financial rules for gifting money to family and understand the annual gift tax exclusion to ensure your gift is tax-free.

Apr 4, 2025 · Navigate the essentials of gift tax with our guide! Discover IRS rules, exclusions, and exemptions for gifting money or property to family in 2024 and 2025.

Dec 10, 2024 · This article will explore how gifting works, the current landscape of gift tax rules under the Tax Cuts and Jobs Act (TCJA), and the impending changes after the TCJA’s expiration in 2025.

Dec 6, 2025 · What Is the Gift Tax? The gift tax is a federal tax imposed by the Internal Revenue Service (IRS) on taxpayers who transfer money or property to someone else without receiving anything of...

2 days ago · When we talk about gifting as part of a tax strategy, many people assume it's something only the ultra-wealthy need to worry about. But gifting is actually one of the simplest and most …