Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

You can share an inheritance, but may have to notify the IRS so that you’re in compliance with gift tax rules.

My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know most states don’t have inheritance taxes, but since he won’t technically be ...

For trusts and estates professionals, the big question is what will happen to the estate tax exemption with President Donald ...

Of course, Republicans are correct that doing more to help the poor costs more money. On the other hand, studies show SNAP ...

Jonathan Knauth, a combat veteran who served a 30-year career in the United States Marine Corps, is the recipient of the tickets. Daniels, whose grandfathers both served in the military ...

I know most states don’t have inheritance taxes, but since he won’t technically be inheriting it I wonder if there are any other tax implications for us or him. Answer: Whenever gift taxes are ...

Donald Trump has threatened to double tax rates for foreign nationals and companies in the US to hit back at “discriminatory” levies on American multinationals, in a move that threatens to trigger a ...

Estate tax treaties between the U.S. and foreign countries help foreigners with U.S. assets. They do not help U.S. citizens ...

The bill seeks to abolish the IRS and repeal all personal and corporate income taxes and the death tax, gift tax ... among other taxes. Some states also levy a consumption tax as sales taxes ...

"Frequently Asked Questions on Gift Taxes," Select "Who pays the gift ... the Joint Committee on Taxation – What to Expect." United States Capitol Historical Society. "JCT Investigation of ...

They are excluded from your taxable estate, but if the contribution is more than $18,000 a year, it could be subject to the gift tax. States typically set contribution limits per beneficiary ...