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Old 04-07-2014, 02:20 PM
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gift tax

What are some of the ways I can give money to family over $5m without ever paying the gift tax?



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Old 04-07-2014, 10:29 PM
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Quote:
Originally Posted by godsfavorgv View Post
What are some of the ways I can give money to family over $5m without ever paying the gift tax?
Any amount you use out of your lifetime gift tax exclusion counts against the estate tax exclusion, which is also $5,340,000 as of 2014.i man no tax up to $5.43 million for 2014 due to unified transfer credit benefits on yur gift money



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