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  2. How Much Money Can I Gift Without Owing Taxes? - AOL

    www.aol.com/much-money-gift-without-owing...

    For 2023, the annual gift tax exemption is $17,000, up from $16,000 in 2022. This means you can give up to $17,000 to as many people as you want in 2023 without any of it being subject to the ...

  3. How to give stock as a holiday gift

    www.aol.com/finance/stock-holiday-gift-110006270...

    You can gift up to $17,000 in calendar year 2023 ($18,000 in 2024) without triggering gift tax. If the stock appreciates in value, the recipient will owe capital gains tax when they sell the stock ...

  4. How to Fill Out Form 709: A Step-by-Step Guide on Reporting ...

    www.aol.com/news/fill-form-709-step-step...

    For tax years 2018 and 2019, you may give someone cash or property valued at up to $15,000 without needing to fill out Form 709. The exclusion applies per person.

  5. Benefit corporation - Wikipedia

    en.wikipedia.org/wiki/Benefit_corporation

    An ordinary corporation may change to a benefit corporation merely by stating in its approved corporate bylaws that it is a benefit corporation. [2] A company chooses to become a benefit corporation in order to operate as a traditional for-profit business while simultaneously addressing social, economic, and/or environmental needs. [3]

  6. Trust (law) - Wikipedia

    en.wikipedia.org/wiki/Trust_(law)

    A trust recognized under the tax laws of the United States which qualifies for the marital gift exclusion from the estate tax. Resulting trust : A resulting trust is a form of implied trust which occurs where (1) a trust fails, wholly or in part, as a result of which the settlor becomes entitled to the assets; or (2) a voluntary payment is made ...

  7. Charitable contribution deductions in the United States

    en.wikipedia.org/wiki/Charitable_contribution...

    A trap for the unwary U.S. investor with an asset on which there have been gains in value who contributes the asset before the gains become long-term. The premature gift forfeits deduction of the short-term gains. The asset can be deducted only up to the amount of its basis, and not up to the amount of its appreciated market value.

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