What Is the Gift Tax Rate for 2021?
What are the facts regarding What Is the Gift Tax Rate for 2021? Read our comprehensive breakdown here.
For both 2020 and 2021, the annual gift-tax exclusion is $15,000 per donor, per recipient. A giver can give anyone else—such as a relative, friend or even a stranger—up to $15,000 in assets a year, free of federal gift taxes.
Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.
