Terms of Use In 2023, you can give up to $17,000 in gifts to individuals in a year. You can make a gift of cash or other property to any individual each calendar year. If you give more than $17,000 in cash or assets like stocks, land, cars, etc. in a year to any one individual, you need to file a gift tax return. This doesn't mean you have to pay a gift tax, only that you have to report the gift to the IRS via Form 709 . Generally, the following gifts are not taxable gifts: Gifts that ar
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