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 …

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...

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.

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...

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 15, 2025 · Gifting money to your family can be a wonderful way to support loved ones, transfer wealth, or reduce future inheritance taxes. However, understanding the rules around gifting money is …

Mar 10, 2025 · There are many reasons to gift money to family, but it’s essential to understand tax implications and the potential implications of different types of gifting.

If you're gifting money to a family member, consider how much input you want to have. If you have certain conditions on how you want them to spend the money, Collins suggests making the intention …