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IRS Annual Present Tax Restrict Raised, Permitting Mother and father to Give Children As much as $18,000 in 2024

IRS Annual Gift Tax Limit Raised, Allowing Parents to Give Kids Up to $18,000 in 2024

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IRS Annual Present Tax Restrict Raised, Permitting Mother and father to Give Children As much as $18,000 in 2024


Is there a restrict on how a lot cash a mother or father can present their little one in a 12 months with out the necessity to report it to the IRS? Learn extra beneath.

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Authentic Supply: https://www.parentherald.com/articles/111934/20240119/irs-annual-gift-tax-limit-raised-allowing-parents-give-kids.htm
Written by: on 2024-01-20 03:02:59

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