Cartoon Guy Holding Stack Of Books

Antonin Scalia

ABC Blocks

The amount that anyone can give to any recipient, free of federal gift tax, in any calendar year. the amount is indexed for inflation and is adjusted by the irs each year, in $1,000 increments.

Was This Term Helpful?

0 out of 0 found this helpful

Still got a question or concern?

Click here to contact us or go back to the main Glossary page.