There are all sorts of taxes but its usually a gift tax that catches people by surprise. And it may be as much as 40% of the value of the gift. https://buff.ly/3KDXpIL
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A gift tax is levied when a person gives away more cash or property than the annual per-recipient threshold. Learn more about the exclusions, tax rates and how to avoid gift taxes.
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A gift tax is levied when a person gives away more cash or property than the annual per-recipient threshold. Learn more about the exclusions, tax rates and how to avoid gift taxes.
Gift tax: What is it and how does it work?
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A gift tax is levied when a person gives away more cash or property than the annual per-recipient threshold. Learn more about the exclusions, tax rates and how to avoid gift taxes.
Gift tax: What is it and how does it work?
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A gift tax is levied when a person gives away more cash or property than the annual per-recipient threshold. Learn more about the exclusions, tax rates and how to avoid gift taxes.
Gift tax: What is it and how does it work?
To view or add a comment, sign in
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A gift tax is levied when a person gives away more cash or property than the annual per-recipient threshold. Learn more about the exclusions, tax rates and how to avoid gift taxes.
Gift tax: What is it and how does it work?
To view or add a comment, sign in
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A gift tax is levied when a person gives away more cash or property than the annual per-recipient threshold. Learn more about the exclusions, tax rates and how to avoid gift taxes.
Gift tax: What is it and how does it work?
To view or add a comment, sign in
-
A gift tax is levied when a person gives away more cash or property than the annual per-recipient threshold. Learn more about the exclusions, tax rates and how to avoid gift taxes.
Gift tax: What is it and how does it work?
To view or add a comment, sign in
-
A gift tax is levied when a person gives away more cash or property than the annual per-recipient threshold. Learn more about the exclusions, tax rates and how to avoid gift taxes.
Gift tax: What is it and how does it work?
To view or add a comment, sign in
-
A gift tax is levied when a person gives away more cash or property than the annual per-recipient threshold. Learn more about the exclusions, tax rates and how to avoid gift taxes.
Gift tax: What is it and how does it work?
To view or add a comment, sign in