TAX TIME IS ALL THE TIME®  is a registered trademark of Sidney M. Schuchman, CPA © 2019

ANNUAL GIFT TAX EXCLUSION INCREASES

February 1, 2018

The Annual Gift Tax Exclusion is the amount you can gift to as many people as you wish, during any given year, without any tax considerations. For 2018, this amount increases to $15,000. You can gift the full amount all at once or in a series of gifts.    

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