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


How much are you allowed to receive as a gift without having to claim it on your income tax form? ... read on

Please clarify a dispute between two different CPA firms that are assisting my family with the transfer of title of .... ... read on

Do you have to list a money gift on your federal tax form? ... read on

Can a husband give his wife the money for her to gift to his children to be applied against her .... ... read on

What is the maximum amount that can be transferred tax free to an eligible spouse under the marital deduction? ... read on

I just received a $40,000 check from a family member. I want to avoid getting taxed on it. What .... ... read on

A family member is giving me money towards my down payment on my house, do I have to claim it .... ... read on

What is the maximum amount I can gift to a child in a single year without paying taxes? ... read on

My elderly father wants to give me $10,000 this year. Will that be considered taxable income on my 2009 return? ... read on

Are gifts & money given to your children considered taxable? ... read on