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2. 8 Must-Know Rules for Gifting Holiday Money to Family

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   4. Know the tax implications. In certain countries, like the US, you may only be able to gift money to family members tax-free as long as it’s under a certain amount.. For example, IRS rules on ...

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. How to Legally Avoid The Gift Tax on Money

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   The federal tax is aimed partially at making sure wealthy families don't use gifts to bypass the estate tax. The federal gift … Continue reading → The post How to Avoid the Gift Tax appeared ...

5. IRS Increases Gift and Estate Tax Exempt Limits - AOL

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   Barring an extension or new legislation, the lifetime estate and gift tax exemption is due to revert to the pre-2017 Tax Cuts and Jobs Act level of $5.49 million at midnight on Dec. 31, 2025.

6. How to Legally Avoid The Gift Tax on Money

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7. Financial Planners: 8 Ways To Give Money To Your Kids ... - AOL

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   Cash Gift With a Limit. You actually can give cash to your kids every year without tax consequences, with a limit, according to certified financial planner Stephen Kates, a principal financial ...

8. Smart Ways to Give (or Lend) Money to Family - AOL

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9. 1099-K tax rules: What you need to know if you get paid via ...

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   And that threshold amount is slated to drop even more, with even more people likely to receive 1099-Ks next year: The $5,000 reporting threshold for tax year 2024 drops to $2,500 for 2025 and then ...