Most households don't have to worry about the gift tax. For 2025, you can give up to $19,000, per person, to as many people ...

“One of the best ways to cut the amount of tax you have to pay is to make gifts during your lifetime,” says Sarah Coles, head ...

You can also give away regular gifts for birthdays or Christmas from your usual income tax-free. Other allowances to note ...

I started a modest software company 27 years ago, and now earn up to £8million a year. Can I gift money to my children to ...

While you are eligible to make this gift starting at 70 ½, when you turn 73 you must take a Required Minimum Distribution (RMD) from your IRA, and a QCD will count towards that RMD. Calculate your RMD ...

Gift tax is a federal tax on the transfer of money or property to another person. Because of annual and lifetime limits, few people end up owing it. Many, or all, of the products featured on this ...

Gift tax may also apply when someone offers a low-interest or interest-free loan, or when they sell something at less than its full market value. Not everything counts as a taxable gift.