Discover how the annual exclusion lets you gift money or assets tax-free, understand its impact on gift taxes, and learn about special cases.

It is very rare for an ordinary household to owe money on gifts. The gift tax has a somewhat complicated two-tier structure. Each year you can give up to an annual amount (the "annual exclusion") ...

A single person who gives gifts of up to $19,000 each to several different recipients in a year won’t be affected by the gift tax and won’t have to file a gift tax declaration. But if you give several ...

Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...

Our gift tax calculator estimates how much of your annual and lifetime exclusions will be used up by your gift, and whether you'll have to pay any taxes on it. Many, or all, of the products featured ...