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For example, say that you'd like to give $65,000 to your daughter and her husband. In most, but not all cases, you will not owe any taxes. In some cases, you’ll have to file some extra paperwork ...
Dear Eric: I have a future son-in-law who gladly accepts gifts, tickets to events and dinner events, as well as dinners out. My issue is I’ve never once heard a “thank you, that’s kind of ...
Since the 2024 gift exclusion allows you to give up to $18,000 per recipient, he said, "you can gift $18,000 to your daughter and $18,000 to her spouse without any tax implications.
You would have been able gift a total of $36,000 – $18,000 to your daughter and $18,000 to her spouse – without having to pay taxes on the gifts. However, you can still give them more than the ...