![John Dundon](https://www.taxconnections.com/taxblog/wp-content/uploads/J-D-6.9-39.png?resize=90%2C90&ssl=1)
The IRS instructions to Form 709 Gift Tax Return spell out the general rules for allocating the unified credit to prior gifts. For 2017, the annual gift tax exclusion is $14,000. That means you can give up to $14,000 to as many different people as you want as a gift without being subject to gift tax rules. Read More
Recent Comments