2023 Gift Tax

You can give away $17,000 in 2023. That’s the limit for each gift, without it becoming a “taxable event”. If you are married you can give away $34,000 with no reason other than you are feeling UBER generous. 💰💵💰
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What if my wife and I want to give away property instead? Yep, go for it.
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What if I want to pay for the medical bills or the tuition of someone else? Cha-Ching Non-taxable event.
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What if I give less than $17K or 34K? Non-taxable event.
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I’ll leave my banking information in the comment section below.
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Now that’s HUGE! 🔥🔥🔥🔥