Giving cash gifts to family members.

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Giving cash gifts to family members.

What is the total amount of cash I can give to a family member without incurring tax liability for myself or the recipient?. I live in California.

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Try Google…it’s cheaper than a Tax attorney or accountant!

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@loishayflick Thank you for taking the time to reach out to AARP. Please consult a qualified tax professional for guidance.

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Giving cash gifts to family members.

Giving cash gifts to family members.

@AARPMaggie

@MartinBooker

@anofziger17

@SarahLenzLock

@DrBarryJJacobs

@agoyer

@JaneCares

@DrJulie

@TaxAideExpert