Explore the 1,000’s of tax questions answered by professionals.

Back to list

QUESTION DETAIL

Related User

Votes

I understand that the annual gift tax exclusion for 2009 is $13,000 per recipient. A married couple can give $26,000 per recipient. My question is: Can a single individual make a $13,000 gift to a married man, and also make a $13,000 gift to the marrie


ANSWER


The BIDaWIZ Team's Answer:

Yes: the annual gift tax exclusion amount is $13K, per recipient. Thus,

you may give each individual a $13K gift; without incurring a gift tax

liability.

The BIDaWIZ Team

 

 

  • Currently 4.6190/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1547 Ans.