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

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

   The annual gift tax exclusion of $17,000 for 2023 is the amount of money that you can give as a gift to one person, in any given year, without having to pay any gift tax. You never have to pay ...

3. Gift tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Gift_tax_in_the_United_States

   The gift tax is a backstop to the United States estate tax. Without the gift tax, large estates could be reduced by simply giving the money away before death, thus escaping any potential estate tax. Gifts above the annual exemption amount act to reduce the lifetime gift tax exclusion. [14]

4. 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 rate can go up to a maximum of 40% for taxable gifts exceeding the annual exclusion. As a taxpayer, you usually only pay gift tax on the amounts that exceed the allotted lifetime gift ...

5. 2024 gift tax rate: What it is, how it works and who has to ...

   www.aol.com/finance/2024-gift-tax-rate-works...

   The gift tax imposes a tax on large gifts, ... taxed only after you exceed your lifetime estate and gift exemption, which in 2024 is $13.61 million for individuals and $27.22 million for married ...

6. Gift tax - Wikipedia

   en.wikipedia.org/wiki/Gift_tax

   Not eligible for the annual exclusion are the gifts that allow the recipient unrestrained access only at a later date or a future interest and these are fully taxable. [8] There is a technique known as Crummey power that enables a gift that is not eligible for a tax exclusion and enables individuals to receive it as the gift that is tax ...

7. Gift Tax Limits: How Much Can You Gift? - AOL

   www.aol.com/news/gift-tax-limits-much-gift...

   If you’ve given or received a large gift in the last year, you may need to pay tax on it if it’s over a certain limit. At the same time, you may not have to pay tax, depending on how ...

8. What Counts Toward the Gift Tax? - AOL

   www.aol.com/finance/counts-toward-gift-tax...

   If you give someone cash or property valued at more than the 2023 annual exclusion limit of $17,000 ($34,000 for married joint filers), you'll have to fill out Form 709 for gift tax purposes. But ...

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

   www.aol.com/gift-tax-rates-pay-190000114.html

   Recipients aren't required to pay gift taxes, but you are. Skip to main content. News. 24/7 help. For premium support please call: 800-290-4726 more ways to reach us. Login / Join ...