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June 1, 2019
Question

Gift tax Can one parent give the daughter 14,000. and the son and law 14,000 and it will not be taxed or with the married couple be taxed Thank you

  • June 1, 2019
  • 1 reply
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Just want to know if a widow parent can give the daughter and the son in law each a gift of 14,000 and not have to pay taxes on it.


Thank you

1 reply

Employee
June 1, 2019

Yes, and it's $15,000 each for calendar year 2018.