How Can I Gift Money To Kids Without Being Taxed?

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Title	:	How Can I Gift Money To Kids Without Being Taxed?
Lasting	:	5.04
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Views	:	152 rb

Imagine having to pay sales tax twice on everything you bought for your kids during the first 18 years of their life Gift/inheritance tax for your offspring is just bonkers Go away IRS!
Comment from : @Thurgor_Supreme

Couldn't he just sign a bunch of blank checks and/or give him a debit card? Let his son buy supplies for his business through him His son could even make him a board member so it doesn't look suspicious
Comment from : @Thurgor_Supreme

how about remove gift, estate and inheritance tax like sweden, Canada or Australia
Comment from : @giovanni7619

Let’s not forget founding fathers created the constitution to avoid the government from getting too powerful which they already are Taxes were only started to help recover after the world war Yet they saw the potential of taking peoples money and they continue
Comment from : @ChristianRivera-wg8nv

The government asks if that's all you got?brPaid far more than my fair share of taxes for 61 years and have never had a refund Wish there weren't so many people who are allergic to work I could use some help!
Comment from : @gladegoodrich2297

They really should teach this stuff in schoolbut the government doesn't want that They want your money
Comment from : @bbtank3000

How much money does your kid need? If he is in business, he must be pretty bad at it
Comment from : @williammarriott6131

Ramsey is a quack
Comment from : @mechadsey

stay under the yearly gift tax amountits simple
Comment from : @88888gerald

the 15,000 mentioned in this video is 18,000 in 2024 and moves to 19,000 in 2025
Comment from : @lylestavast7652

Is this tax write off ?
Comment from : @lanexang8127

How do you get to be worth 10-20M and you get tax advice from a radio personality and not a lawyer No dig on Ramsey, just my gasts are flabbered by the scenario
Comment from : @Mpatient1

Can I gift the max dollar amount for that year to the some person year after year (for the next 20 years) with out filing a Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return?
Comment from : @mrbigcat9

By handing your kids money whenever you want in whatever amount that you want And remembering to keep the government t/f out of your business that is none of theirs brbrYou're welcome 😂
Comment from : @SherrickDuncan

I saw something like this on one of the @TaxDeductionMastery shorts!
Comment from : @dylankimmon-ruikka6597

Tax laws can be so complex, and it’s super helpful to break them down like this Understanding how different policies can impact our finances is crucial for making informed decisions
Comment from : @IsabellaAriau2m

1:32 Ramsey asked a yes or no question He was so pressed to tell us his net worth 😂
Comment from : @MBCrusin

I’m surprised that people worth 10-20M call a show for advice instead of sitting with a professional advisor so they can talk about it for more than just 5min
Comment from : @MarcioSouza1

Can I gift the maximum amount for that tax year to a friend for their life span with out reporting it to the IRS?
Comment from : @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

"It has gone way up under Trump" What BS It goes up the same every year It has before Trump and it will after Trump It has NOTHING to do with Trump
Comment from : @SLG52

Just take cash out of the bank and stuff it in old suitcases and sneak it through the kitchen back door! nobody would know!
Comment from : @willyjoerockhead

Can I give a money gift to the IRS annual maximum amount every year to the same person?
Comment from : @mrbigcat9

On that informal loan , do I need to input an interest rate , or no ? And does the child actually pay me the interest ?
Comment from : @hoffrun

losebrcyclebrdatebrcomabrsteward
Comment from : @elliottlieb4333

Hand it to them
Comment from : @Pasakoye

Hand them cash Done
Comment from : @usavideogames7599

I wish I had these kind off stresses in my life
Comment from : @rustytygart405

Looking to crowdfund from family for opening a business, and it's confusing on how to go about thiswould it be taxable?Do I need to mention this crownfund on my taxes? Would I have to put the money into the business's bank account? Appreciate any insight you can give
Comment from : @cristalt8291

Lucky kids
Comment from : @kevin-jm3qb

Hello sir I'm from India I need urgent money please help me anyone
Comment from : @Kushishu121

On the unified estate tax, does the gifting party have to report and the receiving party doesn't? or do both have to report the gift???
Comment from : @danielchile76

I have 20 million pennies );
Comment from : @JAYCEE-xm5dd

Listening to this conversation felt like listening to politics Two very smart guys having a conversation I know nothing about 😅 trying to listen and understand, but have to admit I'm completely lost
Comment from : @timothyjohnson679

Type of problems I want to have in my life
Comment from : @fawzibryankairouani9539

Is there a limit on the loan?
Comment from : @Dave-tz9zx

There's no gift tax
Comment from : @SurveyingStudy

He has done phenomenal!
Comment from : @pscih7149

And the rich get richer, no hate just saying
Comment from : @ytvobenji2121

i've never disliked my own father in law so much after watching this lol
Comment from : @thereelaccountant9246

Net worth between 10 and 20 million at 62 years old?? Bravo!! Plus, he isn’t selfish
Comment from : @Polo22546

I can’t wait to have this problem 350k in the bank and counting Let’s go!!!!
Comment from : @lombardo141

No offense but Gift tax is a scam and greed by the government
Comment from : @Temboz

The son in law repair instruments business is doing greatwell, he receives $60K a year Anybody will do good with that blessing
Comment from : @elgrande178

All I have is a dollar and a dream, yet here I am watching estate planning videos 😑
Comment from : @bmichaelbrown1117

October 2020 Thank you Dave Ramsey, God bless you and all at Ramsey Solutions From central Virginia
Comment from : @lisafeck1537

Gift tax What a bunch of BS
Comment from : @ImVeryBrad

Give them cash and don't tell the whole internet about it!
Comment from : @arcticrest8368

The estate tax exemption could go down if democrats take over congress and the presidency, so I would agree not to use any of the estate tax exemption
Comment from : @joeb1522

Step 1 of 1brbrDon't tell the whole internet about it on YouTube
Comment from : @jcrowley1985

Dave, please call the estate tax what it really is estate confiscation or better yet death theft Also I believe all people receiving gift money or an inheritance should be treated as 501c4 organizations at least if it is within a family but hopefully beyond as well Also watch out for state inheritance confiscation and gift confiscation
Comment from : @stuarthirsch

What a problem to haveHere I had to pay for my dads funeral and clean out his apartment after dying from a heart attack from Fentanyl I was 40 and the oldest out of 4 Mother's dead too from cancer 4 years earlier What a wonderful system we live in
Comment from : @willowdreams1786

Cant just do a "loan" or just foreign bank accounts
Comment from : @frking100

Nice problem to have!
Comment from : @marlynsantos9677

Do you have any videos that help people that aren't already rich or making 6 figures?
Comment from : @GohanBurner

Imagine being this rich but calling Dave Ramsey instead of paying an estate planner Now that is cheap
Comment from : @JoelJoel321

When you're so rich that you are tax limited to how much you can give
Comment from : @bobofthestorm

Anyone know if this guy is looking for more kids?
Comment from : @kennethturner9140

My name temnawo berhane
Comment from : @Samyberhane

This my post ofeies
Comment from : @Samyberhane

Estate tax is EASILY avoided with trusts It's so easy to hire a lawyer and make sure he properly sets up the trust so that when you die, everything goes to him within the trustbrbrTrusts also avoid probate court most of the time I have no idea why I never have heard Dave talk about this
Comment from : @kiethmergard

i would like to have those problems lol
Comment from : @Big-Government-Is-The-Problem

what a stupid question just give them cash idiot
Comment from : @JohnnySmoove

Do I understand correctly - 23 million is exempt? I do not think anything is exempt in Canada but we can gift as much as we want to our children while we are alive
Comment from : @clarifyingquestions

Why should a kid pay taxes on monies that his father already paid taxes on?
Comment from : @Rudy4759

Gift tax is evil
Comment from : @thecartooncynic

Pay your taxes you drive on paved roads with a sewer system don’t you
Comment from : @gr8macaw1

60k a year
Comment from : @amorestperpe

Can you just give me 1 million for god sake
Comment from : @UchihaAkber

Idc If this dude daughter is 400lbs I want in
Comment from : @bigeric8334

Haha, it's not so hard to have a "succesful" buisjes when daddy gives you 60 grand a year
Comment from : @Simon-oy7kf

Most difficult problem I've ever heard😀😀😀
Comment from : @manangbiday3028

Great video!
Comment from : @TheUSWMO

Caller tomorrow: “My dad gifted me $300k for my business and I bought 5 brand new BMW’s”
Comment from : @sean3533

I want these kind of problems 👑
Comment from : @LifeSoDevine

Cash
Comment from : @logan8256

Imagine how complicated Mr Beast Tax is!
Comment from : @wolfofdubai

how stupida parent should be aloud to give their children what ever they please with zero tax its after tax money !
Comment from : @BrianMartin

Gary you forgot about me
Comment from : @ddubsr5886

Our founders would be buying rope by the mile if they were around today
Comment from : @tyleraustin33

We are so far out of control in this country, that we could possibly be taxed for giving a gift We are so out of control it is unbelievable… Who can wage war against the beast???
Comment from : @johnh4058

10 million dollarsyou are too rich to be calling into a show meant for us strugglers
Comment from : @bishopscore

I wish this was my dad 😂
Comment from : @carlose9027

I wonder what the daughter looks like for them to want to keep the beau happy?? 😉
Comment from : @lockedandloadedsigns4424

i have rich inlaws who give my wife and me money i didn't realize the limit had been changed to 60k until that became the check we got for Hanukkah it's an absurd amount of money, especially since we already have a net worth of a millon dollars and make 140k/yr
Comment from : @gusmueller5836

The good news is that since the lifetime exemption is so high, checking for gifts is a low priority for the IRS
Comment from : @Corkfish1

Gary got another daughter for me to marry or want to adopt me 😂
Comment from : @morlandoemtp

Cold hard cash
Comment from : @ErrorPagenotFound-ig1cy

Don’t give them cash Help them start businesses and teach them how to grow Cash does nothing for them Teach them how to manage and invest properly
Comment from : @ProSkillGuides