IRS Annual Reward Tax Restrict Raised, Permitting Dad and mom to Give Youngsters As much as $18,000 in 2024

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

Unique 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