Free Report: What Are The Gift Tax Exclusions in Connecticut

There is a federal gift tax in place that is unified with the estate tax, but there are exclusions that can be used to give tax-free gifts. You can give up to $14,000 each calendar year to an unlimited number of people tax-free, and you can also pay for school tuition and medical expenses free of the gift tax. Topics covered in this report include: Annual Per Person Exclusion Educational Exclusion Medical Gift Tax Exclusion Unified Lifetime Gift and Estate Tax Exclusion Click here to read the whole article or download the PDF.

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