In the United States, it is possible for someone to give a gift up to how much money per year to another person without that mon

Question

Maru [420]

2 years ago

7

In the United States, it is possible for someone to give a gift up to how much money per year to another person without that mon

ey being taxed?

Mathematics

2 answers:

nasty-shy [4] · Answer 1 · 2022-09-15T10:45:34+03:00

Answer:

For years 2018 and 2019 the exclusion amount is $15000.

Step-by-step explanation:

In the United States, it is possible that you can give any individual a gift up to $15000 as per year 2018 and 2019, without having to file a gift tax return to report that gift.

Hence, for the years 2018 and 2019, the annual exclusion amount is $15,000.

Zielflug [23.3K] · Answer 2 · 2022-09-15T08:35:11+03:00

Zielflug [23.3K]2 years ago

3 0

Answer:

I believe the correct answer is $10,000. I'm not positive, though.