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Gift Tax Overview

Tuesday, July 6, 2010 - 7:20 AM
You generally can give a gift valued at up to $13,000 each, to any number of people, and none of the gifts will be taxable. Over that you'll have to worry about the gift tax. There are some exceptions. Jim at Bargaineering has a good basic overview of the gift tax.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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