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Heritage Law Office Blog

You Can Give Away More Tax Free in 2018

Posted by Brad Sarkauskas | Apr 24, 2018 | 0 Comments

After staying the same for five years, the amount you can give away to any one individual in a particular year without reporting the gift will increase in 2018.  The annual gift tax exclusion for 2018 is rising from $14,000 to $15,000. This means that any person who gives away $15,000 or less to...

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