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Amount of money you can gift to someone per year

 
Ascension Now
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User ID: 64719705
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09/12/2018 02:20 PM
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Amount of money you can gift to someone per year
How much can you gift to someone per year without it being considered income.

It used to be $10K has it increased to $13K?
Ascension
THE GRAND AMERICAN INQUISIDOR

User ID: 76826513
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09/12/2018 02:25 PM

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Re: Amount of money you can gift to someone per year
How much can you gift to someone per year without it being considered income.

It used to be $10K has it increased to $13K?
 Quoting: Ascension Now


Only if you are a liberal..

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jake

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09/12/2018 02:26 PM

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Re: Amount of money you can gift to someone per year
use to be 10 k havent heard of it changing
THE GRAND AMERICAN INQUISIDOR

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09/12/2018 02:27 PM

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Re: Amount of money you can gift to someone per year
use to be 10 k havent heard of it changing
 Quoting: jake


Ok..15000 per year now..
nose23l36
SCOTLAND FOREVER
America is the Grand Experiment..Let us not Fail..
Listed Number 1 in the Guinness World Record Book of EXTRA LARGE Steel Balls
Opinions are like Farts..Only the very best linger on and on
Great Men wake up to slay spam tards. Most are content to chase lizards. Therein lies the difference. Live Brave.LIVE FREE.
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mona lizard

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09/12/2018 02:28 PM

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Re: Amount of money you can gift to someone per year
It’s $15k for 2018.
jake

User ID: 76890717
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09/12/2018 02:28 PM

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Re: Amount of money you can gift to someone per year
It’s $15k for 2018.
 Quoting: mona lizard


good to know,
Dumpty

User ID: 54311075
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09/12/2018 03:16 PM
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Re: Amount of money you can gift to someone per year
The annual gift tax exclusion is $15,000 for the 2018 tax year. (It was $14,000 for the 2017 tax year.) This 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.Aug 2, 2018.

Oh and by the way, these are tax exempt I hear .


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09/12/2018 03:23 PM
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Re: Amount of money you can gift to someone per year
I'd give the world to the people. I love people but they try abuse my good will