What is the maximum yearly amount that an individual can give as a gift without incurring gift

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What is the maximum yearly amount that an individual can give as a gift without incurring gift tax liability or having to report the gift to the IRS according to the Tax Cuts and Jobs Act?

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Feb 16, 2024 08:43 AM

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What is the maximum yearly amount that an individual can give as a gift without incurring gift

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The annual exclusion is a set amount tha... View the full answer

Personal Finance Turning Money into Wealth

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