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2. Best Free Tax Software of 2025 - AOL

   www.aol.com/best-free-tax-software-2025...

   There are many tax software options available but some of the best free tax software options include the following. IRS Free File. TurboTax Free Edition. H&R Block Free Online. TaxAct Free. Cash ...

3. Are Gifts, Prize Winnings and Non-Cash Bonuses Taxable? - AOL

   www.aol.com/gifts-prize-winnings-non-cash...

   According to the IRS, the donor typically pays taxes on gifts, and annual exclusions apply up to $16,000 per person for tax-year 2022. So, if a person gifts each of their four children $10,000, no ...

4. How to Split Gifts on a Tax Return - AOL

   www.aol.com/split-gifts-tax-return-130043216.html

   Gift tax can apply when you give money or other assets to someone else. As the gift-giver, you're responsible for paying any tax due. The IRS allows you to make financial gifts up to a certain ...

5. 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."

6. Are Gifts, Prize Winnings and Non-Cash Bonuses Taxable? - AOL

   www.aol.com/finance/gifts-prize-winnings-non...

   As you gather your receipts and proof of income for Tax Day (May 17 this year) you may be forgetting one important detail: If you had any lottery or giveaway wins or non-cash bonuses from your...

7. Kiddie tax - Wikipedia

   en.wikipedia.org/wiki/Kiddie_Tax

   The kiddie tax does not apply unless all three of the following conditions are true: (a) the child is required to file a return for the year; (b) the child has at least one parent alive at the close of the taxable year; and (c) the child will not file a joint return for the taxable year. [3] The kiddie tax provision only applies to unearned income.