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Who pays taxes on a gift?

Emily Powell | 2023-05-07 14:54:26 | page views：1442

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Works at the International Monetary Fund, Lives in Washington, D.C., USA.

The person who makes the gift files the gift tax return, if necessary, and pays any tax. If someone gives you more than the annual gift tax exclusion amount ($14,000 in 2017), the giver must file a gift tax return.

2023-05-13 14:54:26

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: Gift Tax: Do I have to pay gift tax when someone gives me money?
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