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  2. What Are Gift Tax Rates and When Do You Have To Pay? - AOL

    www.aol.com/gift-tax-rates-pay-210701793.html

    The gift tax is any taxes owed on the gifts you have given. As the giver, you would owe the tax to the IRS and have to fill out a tax form.

  3. Gift tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Gift_tax_in_the_United_States

    A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."

  4. If I Give My Child $30,000 Towards Their Wedding, Do I Have ...

    www.aol.com/worry-gift-tax-pay-30-122213798.html

    The federal gift tax applies when you transfer money or property to someone else without receiving something of equal value in return. Gift tax rates range from 18% to 40% based on the size of the ...

  5. How Much Money Can I Gift Without Owing Taxes? - AOL

    www.aol.com/much-money-gift-without-owing...

    What Gifts Are Safe From Taxes? Taxable gifts can include cash, checks, property and even interest-free loans. It also applies to anything you sell below fair market value. For instance, if you ...

  6. Gift tax - Wikipedia

    en.wikipedia.org/wiki/Gift_tax

    In economics, a gift tax is the tax on money or property that one living person or corporate entity gives to another. [1] A gift tax is a type of transfer tax that is imposed when someone gives something of value to someone else. The transfer must be gratuitous or the receiving party must pay a lesser amount than the item's full value to be ...

  7. How Can I Avoid Taxes if I Give My Daughter and Her Husband ...

    www.aol.com/want-daughter-her-husband-50...

    So, for example, if you have never given anyone a taxable gift, you will pay no gift tax and your annual exclusion will be reduced to $12.887 million ($12.92 million minus $33,000).

  8. You won’t owe tax on these 8 types of income - AOL

    www.aol.com/finance/won-t-owe-tax-8-010350925.html

    If you receive assets or cash gifts from friends or family, that gift is tax-free to you. However, the giver may be required to file a gift tax return for large gifts (over $19,000 per recipient ...

  9. Gift Tax: Tax Rules to Know if You Give or Receive Cash - AOL

    www.aol.com/news/gift-tax-tax-rules-know-receive...

    Whether you work in the gig economy or are the recipient of a cash gift from a relative, you need to know if and how to report that money to the IRS. -- Cash gifts up to $15,000 per year don't ...

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