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Regular Payments and Special Occasions gifting money to your family someone with their living costs you wish to support them.
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Gift of Money to Family - Is There a Gift Tax UK?You can gift up to the annual exclusion amount per child ($18, in ) without triggering gift tax. For larger gifts, use the lifetime exemption and file. The IRS allows individuals to give anyone, family or not, a set amount of funds each year without triggering a tax bill or liability. For How much money can be legally given to a family member as a gift in the US? You can gift a family member.
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