For tax year 2025, any gifts that exceed the lifetime gift tax exclusion limit of $13.99 million are subject to the gift tax, and any gifts over $19,000 must be reported to the IRS via Form 709.

One is the annual gift tax exclusion, also known as the gift tax limit, a set dollar amount adjusted yearly for inflation. You can gift this amount annually to as many recipients as you desire ...

Over the years, gift cards have become a popular option for people seeking an easy solution to their search for the perfect ...

Giving an individual a gift that exceeds the annual gift tax limit in a single year ($18,000 in 2024) means you have to fill out a gift tax form when filing your returns, but it doesn't mean you ...

These are the gifts you should buy when the only thing that matters is buying the perfect thing. And maybe scoring a few extra points when you “accidentally” leave the price tag on later.

Not too long ago, Ultimate Ears released its higher-end Epicboom Bluetooth speaker, which sounds very good but is pretty pricey at $300 and somewhat ... makes a thoughtful gift and offers a ...

Let’s start with answering the immediate questions about the maximum Social Security benefits payable in 2024, then we’ll explore how you can maximize your Social Security benefits.

Learn more› By Samantha Schoech Samantha Schoech is a writer focusing on gifts. She spends her time ... take on an old favorite features more than 300 English and Yiddish words.

Whether they’re traditional, whimsical, or practical, they add a final touch to gift giving. by Ellen Lee and Wirecutter Staff Tweens are quickly transforming into young adults, but they can ...

Looking for a gift you can feel good about? These sustainable products can help the planet—and create an eco-conscious domino effect that has an even bigger impact. Our editors and experts ...

Millions across the UK face a strict £300 cash limit "per person" until the end of June. After the King Charles banknotes ...