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My wife an I were given 27,000 from her parents. Does this trigger a gift tax for anyone?

I'm thinking the answer is no because the exclusion is 15,000 from an individual to another individual. In the situation of a married couple to a married couple, they should be able to give us 30,000 without having to report anything?



Submitted September 27, 2020 at 08:39PM by ohhaythar3 https://ift.tt/34aAEqu

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