Submitted by deadeadeadeadea t3_zzf3um in personalfinance
FuelHaulinAss t1_j2b7txy wrote
I believe you can gift up to 14,500 per calendar year non taxed. The IRS website is your best resource.
dequeued t1_j2c536g wrote
The limit is much much higher than that due to the lifetime exemption. Read the gifts wiki for more information.
Also, the annual exclusion is now $16,000. That's effectively just the limit for the giver to avoid filing a form.
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