2024 gift tax rate: What it is, how it works and who has to pay it
The gift tax imposes a tax on large gifts, preventing large transfers of wealth without any tax implications.
Sean Jackson is a creative copywriter living in Florida. He’s written articles for Realtor.com, CNET and ZDNet. In his spare time, he enjoys hiking, improv, photography and failing miserably at dancing.
The gift tax imposes a tax on large gifts, preventing large transfers of wealth without any tax implications.
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