Find common questions and answers about gift taxes, including what is considered a gift, which gifts are taxable and which are not and who pays the gift tax.

The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return. The tax applies whether or not the donor intends the transfer …

You can use this gift tax calculator to determine the amount of tax you owe over a given taxation period. How to use the gift tax calculator: Select your tax year. Choose your filing status from …

2025年3月28日 · Gift tax rates range from 18% to 40%. Taxpayers typically only pay gift tax on the amounts that exceed the allotted lifetime exclusion, which was $13.61 million in 2024 and …

2024年8月26日 · Learn when to file estate and gift taxes, where to send your returns, and get contact information if you need help. Stay up to date with the tax law changes related to estate …

2025年2月1日 · A key part of completing Form 709 is referencing the IRS-provided tax tables to determine the applicable gift tax. These tables outline the tax rates and cumulative gift …

The IRS has specific rules about the taxation of gifts. Here's how the gift tax works, along with current rates and exemption amounts.