George4Tacks
Level 15
10-25-2020
11:04 AM
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Married with two children (and a spouse?) = 4 people? each is gifted $15.000. The gift exemption for 2020 is $15,000 so as long as you don't give any of them a Christmas or birthday gift, there would be no gift tax due.
Answers are easy. Questions are hard!