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Kiplinger Tax Letter Excerpts

Posted by Predovich & Company

Use Up Your Gift Tax Exclusion

For 2013, you can give up to &14,000 apiece to a child, grandchild or other person without any gift tax consequences.  If you are married, your spouse also can give $14,000, so each donee can get up to $28,000 free of gift tax.

Source: The Kiplinger Tax Letter 10/11/13 - Vol. 88, No. 21 


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