However, our opinions are our own. See how we rate tax products to write unbiased product reviews. Federal gift tax may apply ...
The April 15 tax filing deadline is approaching, which also marks the due date for filing a gift tax return if you made ...
The combined federal and state capital gains tax rates and the lack of a capital gains ... it may be desirable to make a “completed gift” out of the trust maker’s gross estate and allocate ...
Gift tax rates range from 18% to 40% of the taxable gift depending on the amount in question. The donor, not the recipient, pays this tax in their filings for the year in which they made the transfer.