Find common questions and answers about gift taxes, including what is considered a gift, which gifts are taxable and which are not and who pays the gift tax.

Dec 3, 2025 · Giving to a loved one or charity can be one of life's greatest joys. But when it comes to gifting, there are some key issues, including potential tax implications, that you'll want to …

Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax returns. Here’s what you need to know about the federal gift tax and how much you can offer …

If the value of the transfer exceeds the annual gift limit, you may need to file a gift tax return (but not necessarily pay taxes unless you exceed your lifetime gifting limit).

Dec 6, 2025 · What Is the Gift Tax? The gift tax is a federal tax imposed by the Internal Revenue Service (IRS) on taxpayers who transfer money or property to someone else without receiving …

Apr 4, 2025 · Navigate the essentials of gift tax with our guide! Discover IRS rules, exclusions, and exemptions for gifting money or property to family in 2024 and 2025.

Learn how gifting money to adult children can support major life milestones while considering the tax benefits and whether you should gift now vs. later.

Dec 15, 2025 · Gifting money to your family can be a wonderful way to support loved ones, transfer wealth, or reduce future inheritance taxes. However, understanding the rules around …

Dec 10, 2024 · This article will explore how gifting works, the current landscape of gift tax rules under the Tax Cuts and Jobs Act (TCJA), and the impending changes after the TCJA’s …

Dec 2, 2025 · Learn how gifting money to family affects your taxes, estate plan, and financial future—and how to help avoid costly mistakes when generosity meets complexity.