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2. Gift tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Gift_tax_in_the_United_States

   Gifts above the annual exemption amount act to reduce the lifetime gift tax exclusion. [14] Congress initially passed the gift tax in 1932 at a much lower rate than the estate tax, a full 25% under the estate tax rate, while also providing a $50,000 exemption, separate from the $50,000 exemption under estate tax. [15]

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

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

   The annual gift tax exclusion is per recipient — not per donor — meaning you can give $19,000 each in 2025 to as many people as you want and you’ll still remain under the annual exclusion ...

4. Gift tax - Wikipedia

   en.wikipedia.org/wiki/Gift_tax

   For example, gifts up to a certain value per year per recipient are subject to the annual exclusion. [7] In the United States for example the amount is $15,000. 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]

5. Estate Tax Rates, Limits, Exemptions and Other Rules ... - AOL

   www.aol.com/estate-tax-rates-limits-exemptions...

   Because you gave $100,000 more than the $15,000 annual exclusion, you use up $100,000 of the basic exclusion amount and can only leave $11.6 million estate-tax-free at your death.

6. Estate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Estate_tax_in_the_United...

   The fiscal year 2014 budget called for returning the estate tax exclusion, the generation-skipping transfer tax and the gift-tax exemption to the 2009 level, $3.5 million, in 2018. [45] The exemption amounts set by the Tax Cuts and Jobs Act of 2017 , $11,180,000 for 2018 and $11,400,000 for 2019 again have a sunset and will expire 12/31/2025

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

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

   However, since the gift exceeds the annual exclusion by $33,000, that remainder will lower your lifetime exemption. So, for example, if you have never given anyone a taxable gift, you will pay no ...

8. What Is Taxable Income? Here’s What You Must Report ... - AOL

   www.aol.com/taxable-income-must-report-avoid...

   The annual exclusion for the gift tax applies to gifts of up to $15,000 for each recipient. Charitable donations are not taxable gifts and can be deducted from the value of other gifts made ...

9. The Gift Tax Made Simple - AOL

   www.aol.com/finance/gift-tax-made-simple...

   The federal tax filing deadline for individuals has been extended to May 17, 2021. Quarterly estimated tax payments are still due on April 15, 2021. For additional questions and the latest ...