Year End Annual Gift Tax Exclusion Gifts and Other, “Unlimited” Gifts
For 2011, the annual gift tax exclusion is $13,000, meaning that without gift tax implications, you can gift a total of $13,000 throughout this year to as many people as you wish. In addition to that $13,000 annual gift tax exclusion, the tax laws allow you to give an unlimited amount for certain educational or … Continue reading Year End Annual Gift Tax Exclusion Gifts and Other, “Unlimited” Gifts