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Episode 105: Gift Tax and How to Gift More Than the Annual Exclusion Limit
Manage episode 420932317 series 3353948
Kandungan disediakan oleh Elisa Chiang. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Elisa Chiang atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
You may know that there is a limit to monetary gifts you can give to anyone other than your spouse in a calendar year, currently $18,000 in 2024. While $18,000 in gifts is a generous some, what if you want to give more? This often happens with people who want to help their adult children, whether it’s to help them buy a home, chip in for a wedding, or any other reason. It can also happen when people are supporting their parents, sibling, or another family member. This episode talks about how the $18,000 limit is not actually and issue and how you can be as generous as you desire.
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