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Let's say that you're an individual who wants to give money to two people, your son and his wife. Maybe this is to help with a wedding, down payment for a home or building a family. You can likely ...
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It is very rare for an ordinary household to owe money on gifts. The gift tax has a somewhat complicated two-tier structure.
It is very rare for an ordinary household to owe money on gifts. The gift tax has a somewhat ... For example, say that you'd like to give $65,000 to your daughter and her husband.