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2. Gift Tax, Explained: 2021 Exemption and Rates - AOL

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   Continue reading → The post Gift Tax, Explained: 2021 Exemption and Rates appeared first on SmartAsset Blog. While it may sound cumbersome, most Americans will never pay a cent in gift taxes …

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 Leverage Your Marriage to Avoid Paying Gift Tax

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   Ahead of the holiday season, it's important to know how to avoid gift taxes on any gifts you might be offering up this year. The exclusion for 2021 is $15,000 per recipient in one year. This means ...

5. 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 means the gift amount does not count toward your lifetime gift tax exclusion limit — and is not subject to gift taxes. The annual gift tax exclusion is per ...

6. Gift tax - Wikipedia

   en.wikipedia.org/wiki/Gift_tax

   Payments as a means for support can be exempt from gift tax in the case of payments for room and board or higher education that is a legal obligation for children or other dependents. Payments made directly to a qualified medical care provider or academic institution on behalf of the donee are exempt from any gift tax as qualified transfers.

7. The Gift Tax Made Simple - AOL

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   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 ...

8. 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

9. A Guide to Tax Breaks on Your 2021 Return - AOL

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   Filers can deduct up to $10,000 for payments made for property and either income or sales taxes. Other Tax Breaks for Your 2021 Return ... is exempt from federal estate and gift taxes rose from ...