Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Jose Luis Pelaez Inc / Getty Images The term gift splitting refers to an estate planning ...
Understanding the gift tax and its limits is crucial when planning your financial gifts, whether for family, friends or others. The IRS sets specific guidelines each year for how much you can give ...
Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have ...
Our gift tax calculator estimates how much of your annual and lifetime exclusions will be used up by your gift, and whether you'll have to pay any taxes on it. Many, or all, of the products featured ...