9 months ago

Annual gift tax exclusion - can I give $18k to each of my 5 grandkids?

81

Want to help grandkids with college. Can I give $18k to each of the 5 grandchildren this year ($90k total) without gift tax? What about my spouse - can she give $18k each too?

GE
@GenerousGrandparent

Share your answer

Have an answer?

Join the community to share your knowledge and help others.

Ask and answer anonymously
Follow topics you care about
No spam, no sales calls

0 Answers

No answers yet

This question is waiting for someone with the right expertise. You could be the first to help.

Still have questions?

Ask your own question anonymously and get answers from our community of financial professionals.