Gifting Money to Children Without Paying Tax (Annual Gift Tax Exclusion 2023)

Retire Confidently | Anthony Saffer u0026 Alex Oku 15 views

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@mattrobertson4885
What is the gift limit for 2026? I read the lifetime limit is 7M
Comment from : @mattrobertson4885


@5997706
Can you give a gift to your children and grandchildren from an s corp?
Comment from : @5997706


@Cableman-hr2uu
giving money to children requires to pay tax is a ridiculous thing which I have never heard of, which barbarian country will do something like that ?? a father can buy a house to his son or buy a porsche to his son, a billionaire may give a million to his son as pocket money every month, all are just family matters and has nothing to do with the government at all, how come there can be tax incurred and how come there can be restrictions ?? such ridiculous thing ?? and vice versa, a son can also buy a house for his father to live in
Comment from : @Cableman-hr2uu


@mrbigcat9
Can give a gift the the same persons every for the next 20 years if I stay below the maximum for each year?
Comment from : @mrbigcat9


@BarbaraGunn-c4x
Can I have $6000 as a gift to daughter and deduct from my taxes
Comment from : @BarbaraGunn-c4x


@rowdy9379
Worthless, get cash and just give it and don't say anything
Comment from : @rowdy9379


@KayleeBellamy-i1k
Does it have to be only to your children? I'm not married with no children, I'm about to sell a land lot that's in my personal name I would like to give $17k or more if possible to my boyfriend to help pay down debt out of the proceeds would that be ok & not taxed?
Comment from : @KayleeBellamy-i1k


@Agapy8888
A divorced mom How much money can she gift her two adult children
Comment from : @Agapy8888

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