When I was a 22-year-old studying income taxes in law school, the taxpayer was the person earning money. When we turned to studying gift taxes, it seemed odd that the taxpayer was the person giving ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

Our gift tax calculator estimates how much of your annual and lifetime exclusions will be used up by your gift, and whether you'll have to pay any taxes on it. Many, or all, of the products featured ...