General Gift Tax Law Questions
	Charitable gifts
	Educational expenses
	Estate plan
	Exclusion
	Generation Skipping Transfer Tax
	Gift tax calculation
	Liability
	Marital deduction
	Medical expenses
	Minors
	Unified credit

   Income Tax Law
   Property Tax Law
   Tax Enforcement
   Tax Law

    FAQs

• How are the federal gift taxes computed?
• Can I gift during my lifetime without incurring any gift tax liability?
• You mean there is no limit on the number of people you can make gifts to?
• Can I give away more than $12,000 to an individual in a year? If so what happens?
• Can any gifts qualify for the gift tax exclusion?
• What is the unified estate and gift tax credit and how does it reduce my gift taxes?
• Can I avoid the gift tax by gifting or leaving everything to my spouse?
• Key estate and gift tax changes were made in June, 2001. What were those changes?
• What if I gift everything to my 9-year child?
• What about charitable gifts for purposes of the federal gift tax?
• Can I pay someone’s medical or education expenses and not be taxed for making a gift?
• How is stock or property valued for gift tax purposes?
• What happens if gifted stock is then sold?
• When must I report my gifts for federal gift tax purposes?
• Who must file and pay the federal gift tax?
• What is the Generation Skipping Transfer Tax (GST)?
• Are there state gift taxes?
• What are gift taxes?
• What is the relationship between gift tax and estate tax?
• When does a gift become subject to the federal gift tax?
• How are gift taxes calculated?
• Does the $12,000 maximum tax-free gift per person rule apply in the case of an adult child giving money to his parents to be used for living expenses?

    FAQs

• What about charitable gifts for purposes of the federal gift tax?

    FAQs

• Can I pay someone’s medical or education expenses and not be taxed for making a gift?

    FAQs

• Are there techniques available to reduce or avoid gift taxes?

    FAQs

• Can I gift during my lifetime without incurring any gift tax liability?
• You mean there is no limit on the number of people you can make gifts to?
• Can I give away more than $12,000 to an individual in a year? If so what happens?
• Can any gifts qualify for the gift tax exclusion?
• What if I gift everything to my 9-year child?
• When does a gift become subject to the federal gift tax?

    FAQs

• What is the Generation Skipping Transfer Tax (GST)?

    FAQs

• How are the federal gift taxes computed?
• How is stock or property valued for gift tax purposes?
• What happens if gifted stock is then sold?
• How are gift taxes calculated?

    FAQs

• Can I give away more than $12,000 to an individual in a year? If so what happens?
• Does the $12,000 maximum tax-free gift per person rule apply in the case of an adult child giving money to his parents to be used for living expenses?

    FAQs

• What effect does marital status have on federal taxes?
• Can I avoid the gift tax by gifting or leaving everything to my spouse?

    FAQs

• Can I pay someone’s medical or education expenses and not be taxed for making a gift?

    FAQs

• What if I gift everything to my 9-year child?

    FAQs

• What is the unified estate and gift tax credit and how does it reduce my gift taxes?