Working After Retirement and Wealth Gifting Strategies - 390
Your Money, Your Wealth
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What Is Gift Tax?
If you give a million dollars to one person, then the 16 thousand e you'd have to file a gift tax return for 984 thousand. You're limitedit used to be ten thousand a year for a long time. Treasury direct also alla allows you to buy eye bonds as gifts,. But you can buy as many gifts as you want for the same recipient in the same year.
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