How to Avoid Paying Gift Tax: Revision history

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21 March 2023

  • curprev 08:4208:42, 21 March 2023 Lukegao1 talk contribs 1,732 bytes +1,732 创建页面,内容为“ Gift tax is a tax imposed on the transfer of property or money to another person as a gift. The person who gives the gift is responsible for paying the gift tax. However, there are several ways to avoid paying gift tax: 1. Gift within the annual exclusion: The IRS allows individuals to gift up to a certain amount each year without incurring gift tax. In 2023, the annual exclusion amount is $16,000 per recipient. If you give a gift of $16,000 or less to an in…”