Gift Tax Explained 2026: What Is It And How Does It Work?
Gift Tax Explained 2026: What Is It And How Does It Work?
Nov 25, 2024
districtcapitalmanagement.com
The new $19,000 gift tax limit often confuses people, but it’s actually quite simple. You can give up to that amount to anyone without triggering taxes for you or the recipient. Even if you exceed the limit, it only reduces your lifetime estate exemption — currently around $15 million per person. For most people, this means generous gifting can continue without worrying about the IRS knocking at the door. Check out the full video, The 3-Year Bull Market, Crypto Wipeouts & Financial Planning Wisd
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The new $19,000 gift tax limit often confuses people, but it’s actually …
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