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Gift tax in the United States - Wikipedia


A gift tax is a tax imposed on the transfer of ownership of property. The United States Internal ... The remainder interest gift tax rules apply the gift tax on the entire value of the trust by assi...

Frequently Asked Questions on Gift Taxes - IRS.gov


Oct 31, 2016 ... The donor is generally responsible for paying the gift tax. Under special ... The general rule is that any gift is a taxable gift. However, there are ...

Know the gift tax rules | Bankrate.com


Learn the gift tax rules to reduce the tax consequences when give someone money.

IRS Announces 2016 Estate And Gift Tax Limits: The $10.9 Million ...


Oct 22, 2015 ... It's official—for 2016, the estate and gift tax exemption is $5.45 million per individual, up from $5.43 million in 2015. That means an individual ...

Use the 2016 Gift Tax Exclusion to Beat the Estate Tax -- The Motley ...


Jan 12, 2016 ... The gift tax exclusion can protect your estate from Uncle Sam. ... Some of these states use the standard federal lifetime exemption amount, ...

The Federal Gift Tax | Nolo.com


In addition to the $5.45 million exemption, many other gifts are not subject to the gift tax—for example, gifts to a spouse. So if you give your $1 million house and ...

7 Things You Should Know About Gift Tax | US Tax Center - IRS.com


Oct 7, 2014 ... However, if the donor does not pay the gift tax, the donee may have to ... savings plan to avoid the gift tax — but note that certain rules apply.

Gift & Estate Tax, Exclusion & Exemption Amount, GST - Efile.com


Understand the basics of the Gift Tax and Estate (Death) Tax. Find out the latest exclusion amount, exemptions, and deductions.

Gift Tax: Annual Exclusion vs. Lifetime Exemption - The Balance


What's the difference between the annual exclusion from gift taxes and the lifetime gift tax exclusion? Find out here.

Understanding How the Gift Tax Is Calculated - The Balance


Jul 11, 2016 ... The federal gift tax applies to all gifts that you make during the course of your lifetime. However, every U.S. citizen is given a lifetime exemption ...

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The Gift Tax - TurboTax Tax Tips & Videos


As you consider making gifts, keep in mind that very different rules determine the tax basis of property someone receives by gift versus receives by inheritance.

Gift Tax: Do I have to pay gift tax when someone gives me money ...


Sep 12, 2016 ... If someone gives you more than the annual gift tax exclusion ..... his lifetime gift and estate tax exemption, which is the amount of money a ...

IRS Announces 2015 Estate And Gift Tax Limits - Forbes


Oct 30, 2014 ... The federal estate tax exemption rises to $5.43 million per person for 2015, but the annual gift exclusion amount stays at $14000.