Thursday, August 20

Topic: estate-planning

A United States one hundred dollar bill
Personal Finance
Wednesday, 7/22, 10:16 PM

The gift tax, explained: the $19,000 rule and who actually pays

  • Most people who worry about the US gift tax will never owe a cent of it.
  • In 2026 you can give any person up to $19,000 a year with no tax and no paperwork, and even larger gifts usually just eat into a big lifetime exemption.
  • And when tax is due, it is the giver who pays, not the person receiving.

In brief

estate-planning — news and stories on this topic

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