Solved: Annual exclusion amount to minimize the gift tax, Accounting Basics

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Annual exclusion amount to minimize the gift tax

Problem:

What is the annual amount that a donor can give to a recipient each year and not have to file a gift tax return? If the donor gives more than this amount, is the donor required to pay a gift tax? Recommend a tax strategy, other than giving only the annual exclusion amount, to minimize the gift tax.

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Accounting Basics: Annual exclusion amount to minimize the gift tax

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