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SmartAsset on MSNI Want to Give My Son $75,000 for a Home. Will the Gift Tax Apply?Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift tax.
Dear Eric: I have a 1-year-old grandchild and am frustrated that I don’t have the freedom to give them whatever I choose. The ...
Some parents opt to get small gifts for the non-birthday siblings, while others see it as a teachable moment. But, what ...
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