How are Gifts Taxed?

Explanation of how gifts are taxed; both from the perspective of the gift giver and the gift recipient. Discusses annual gifting limits, lifetime exclusions, gift tax returns and much more!

Links in this video:

Retirement Planning Insights - https://www.tenonfinancial.com/newsle...
Taxes in Retirement -   / taxesinretirement  
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#GiftTax #FinancialPlanning​ #TaxPlanning​​

DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Andy Panko, CFP®, RICP®, EA nor Tenon Financial LLC make any guarantees to its accuracy.