14 Apr Do I have to tell the IRS about gifts to my grandkids?
You don't want to run afoul of the Internal Revenue Service....
You don't want to run afoul of the Internal Revenue Service....
New Jersey doesn't have a gift tax, but the feds do. ...
There are several ways to gift money without having a taxable event....
You have both an annual gift tax exclusion and a lifetime one, too. ...
You may need to file a gift tax return depending on your choices. ...
When you receive a gift in New Jersey, you won't owe any taxes. ...
Shifting assets to prepare for Medicaid isn't a simple act. ...
You can use annual gifts to transfer property to your heirs. ...
The IRS permits certain gifts to be given without a tax return filing. ...
It's upon the giver to report gifts to the IRS....