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Personal Finance (Not Investing) • Gifting Money To My Parents

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Good Afternoon,

I had a question about gifting money to my parents. I know that I can give my dad $9000 and my mom $9000 each year. Does this also mean my wife can also gift my parents an additional $9000 per parent as well? So my household can gift $36,000 a year to my parents?

Am I missing anything?

Statistics: Posted by bg5 — Thu Aug 29, 2024 10:40 am — Replies 4 — Views 126



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