So, when her rich aunt offered the couple a $250,000 gift to help pay off their mortgage, Maria refused. She believes there’s ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

A gift that size could require you to pay the federal gift tax, which can reach up to 40%. The good news is you may avoid paying gift taxes altogether, but there are reporting requirements and ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

You can do so through a charitable gift annuity. This type of donation can provide you with regular payments and allow us to serve children in need around the world. You can also qualify for a variety ...

you won’t have to pay any gift taxes. Here's how it works. An experienced financial advisor can help you navigate those rules, so you can continue to give gifts to the people you love without ...

In addition, the guest noted, the bride has asked her bridesmaids to pay for their own dresses ... "And to make things trickier, cash gifts are a tradition at weddings in her culture.

Every savvy shopper knows the value of Amazon credits, but getting them through Apple Pay can sometimes be tricky. Here’s your comprehensive guide to acquiring Amazon gift cards using Apple Pay ...