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A question about giving my sister tax-free gifts.
A question about giving my sister tax-free gifts. I inherited an annuity and took a lump sum back in November. I want to split it with my sister and I heard I could give her a tax free gift of $18,000 . I gave her one check on Christmas and she deposited it the very next day. The check did not clear until Jan 7th. Is she able to receive another 18,000 tax free gift in 2025? Or does the first ch...
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