The gift tax limit affects how much can be given each year without tax consequences. See what counts as a gift and when ...

It is very rare for an ordinary household to owe money on gifts. The gift tax has a somewhat complicated two-tier structure. Each year you can give up to an annual amount (the "annual exclusion") ...

Our gift tax calculator estimates how much of your annual and lifetime exclusions will be used up by your gift, and whether you'll have to pay any taxes on it. Many, or all, of the products featured ...

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger ...

The beginning of a new year means new estate and gift tax figures from the IRS! While there has been much uncertainty over the last few years regarding the estate and gift tax exemptions post-2025, ...