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Giving cash gifts to family members.

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loishayflick
Contributor
โ€Ž09-30-2021 05:23 PM

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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MarkE325873
Newbie
โ€Ž11-17-2021 01:44 PM

Try Googleโ€ฆitโ€™s cheaper than a Tax attorney or accountant!

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AARPJanelleM
Community Concierge
โ€Ž10-04-2021 12:29 PM

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

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