2018 IRS Gift Tax Exclusion Increase
The IRS has released the Gift Tax Exclusion amount for 2018. Effective January 1, 2018, individuals will be allowed to gift $15,000 to other individuals without the need to file a gift tax return.
The IRS has released the Gift Tax Exclusion amount for 2018. Effective January 1, 2018, individuals will be allowed to gift $15,000 to other individuals without the need to file a gift tax return.