The Gifting Tax Guide: How to Give Money to Family Tax-Free скачать в хорошем качестве

The Gifting Tax Guide: How to Give Money to Family Tax-Free

1001. On this Finance Friday, I’m clearing up the massive confusion surrounding "gift taxes." Many people are terrified to help their loved ones because they fear a surprise tax bill, but the reality is that the thresholds are much higher than you think. Whether you're helping with a down payment, paying for a grandchild’s tuition, or simply sharing your wealth while you're around to see them enjoy it, there are a few "golden rules" you need to know to stay on the right side of the IRS. In this episode, we discuss: • The 2026 Limits: Why you can likely give away millions without ever owing a penny in gift tax. • The Annual vs. Lifetime Exclusion: How to use the $19,000 annual limit to your advantage. • The "Direct Payment" Loophole: How to pay for medical or tuition bills without it counting as a gift. • The Inheritance Trap: Why gifting a house or stocks now might actually cost your children more in taxes later than waiting for a "step-up in basis." • IRS Form 709: When you actually need to file it (and why it’s not as scary as it sounds). Find a transcript (https://money-girl.simplecast.com/epi...) here.  Have a money question? Send an email to money@quickanddirtytips.com (mailto:money@quickanddirtytips.com) or leave a voicemail at (302) 364-0308. Find Money Girl on Facebook (  / moneygirlqdt  ) and Twitter (  / lauraadams  ) , or subscribe to the newsletter (https://www.quickanddirtytips.com/mon...) for more personal finance tips. Money Girl is a part of Quick and Dirty Tips (https://www.quickanddirtytips.com/) . Links: https://www.quickanddirtytips.com/ https://www.quickanddirtytips.com/mon...   / moneygirlqdt