Brendilo

Taxes 101: The Gift Tax - The TurboTax Blog

“It’s my money and I’ll do with it what I want.” Nice thought, but not quite true. You needed to account for it when you earned it, and likely paid tax at that time, and you need to be aware of the rules for giving it away if that’s your intention.

  • Read more [URL]

    • More like this

    Taxes 101: The Gift Tax - The TurboTax Blog
    “It’s my money and I’ll do with it what I want.” Nice ...

    Key Tax Trends: Crypto Taxes for Tax Year 2021 - The TurboTax Blog
    Want to learn more about crypto, crypto taxes and what all ...

    Sports Betting Taxes Guide (How to Pay Taxes on Sports Betting) - The TurboTax Blog
    Every year, I join a fantasy football league with my ...

    INFLCR x TurboTax Roundtable: Name, Image, and Likeness (NIL) & Taxes - The TurboTax Blog
    Sharing experiences is undoubtedly one of the best ways to ...

    Taxes Done? Find Out Which Tax Records You Should Keep - The TurboTax Blog
    Before you throw away tax documents after filing, here are ...

    Love and Taxes: Tax Benefits of Marriage - The TurboTax Blog
    Marriage brings all kinds of great things — including these ...

    TurboTax Mid-Season Tax Trends Report: Understanding Gen Z - The TurboTax Blog
    In January TurboTax released the first Tax Trends Report, ...

    The Tax Deadline is Approaching: TurboTax Shares What You Need to Know to File on Time! - The TurboTax Blog
    Many individuals will be working to gather their tax ...

    Digital asset tax, Gaming and betting taxes and list of new taxes in 2023
    The Nigerian government introduced a raft of new taxes that ...

    International Student Tax (File for F-1 Tax Returns) - The TurboTax Blog
    Are you starting or returning to college in the US this ...

    Small Business: What Are Deferred Tax Assets and Deferred Tax Liabilities? - The TurboTax Blog
    Standard accounting methods and tax accounting methods have ...

    Capital Gains Tax Calculator: Put Investments To Work This Tax Season - The TurboTax Blog
    Ready to be an informed investor? Calculate your capital ...

    Here's Tax Deductions And Credits You Can't Claim On Your Tax Return - The TurboTax Blog
    During tax time there is always information spreading about ...

    Tax Documents Checklist: How to Win Big This Tax Season - The TurboTax Blog
    These days, filing your taxes is easier than ever, especiall ...

    Capital Gains Tax Calculator: Put Investments To Work This Tax Season - The TurboTax Blog
    Ready to be an informed investor? Calculate your capital ...

    Tax Documents Checklist: How to Win Big This Tax Season - The TurboTax Blog
    These days, filing your taxes is easier than ever, especiall ...

    Taxes - Tax Advice & Tax Tips | Reader's Digest
    Here's a crash course on everything you need to know ...

    E-File is Now Open: Why You Should File Your Taxes Early - The TurboTax Blog
    Today, January 23, the Internal Revenue Service (IRS) ...

    What Unemployment Means to Your Taxes - The TurboTax Blog
    According to the most recent jobs report by the U.S. Bureau ...

    7 Easy Steps to Getting Your Taxes Done - The TurboTax Blog
    According to the IRS, there are millions of tax refunds ...

    Earth Day 2023: Going Green Saves You Green on Your Taxes - The TurboTax Blog
    Earth Day 2023 is April 22, and this year’s theme is Invest ...

    Do Creators Pay Taxes on Money Earned? - The TurboTax Blog
    Are you a creator? There are so many new industries that ...

    Podcast: First Time Filing Taxes? Start Here! - The TurboTax Blog
    Got first-time tax filing questions? We’ve got answers. ...

    How to File Small Business Taxes - The TurboTax Blog
    If you’re new to filing taxes as a small business owner, ...

    Schedule K-1, Taxes, and You - The TurboTax Blog
    Tax season is here and every season we see questions about ...

    You May Still Be Eligible To File Your Taxes for Free! - The TurboTax Blog
    The April 18th deadline is around the corner, but it's ...

    Creator Tax Center - The TurboTax Blog
    What’s New Latest Calculators & More Meet the Team

    Did You Miss the Tax Deadline? 3 Steps You Can Take Next - The TurboTax Blog
    The April 18th tax deadline has come and gone. If you ...

    IRS Extends Tax Deadline for Storm Victims in Florida - The TurboTax Blog
    Severe storms and tornadoes that occurred from April 12 to ...

    IRS Announces Tax Relief for Indiana Storm Victims - The TurboTax Blog
    ​​Due to harsh storm conditions that occurred on March 31 ...

    IRS Offers Tax Relief for Tennessee Storm Victims - The TurboTax Blog
    If you were impacted by the storms in Tennessee, here is ...

    IRS Issues Tax Extension for Storm Victims in Arkansas - The TurboTax Blog
    Parts of Arkansas are in a state of disaster as severe ...

    IRS Provides Tax Relief for Mississippi Storm Victims - The TurboTax Blog
    Harsh tornadoes and severe storms that occurred on March 24 ...

    IRS Extends Tax Deadline for Disaster Victims in New York - The TurboTax Blog
    Victims of the winter storms that took place in New York ...

    Tax Tips for Unemployment Income If You’ve Been Laid Off or Furloughed - The TurboTax Blog
    As of February 2023, unemployment rates have decreased in ...

    IRS Issues Guidance on the Taxation of State Tax Payments Issued in 2022 - The TurboTax Blog
    The Internal Revenue Service provided details clarifying ...

    IRS Provides Tax Relief for Georgia and Alabama Storm Victims - The TurboTax Blog
    Powerful storms and tornadoes have slammed through parts of ...

    IRS Announces E-File Open Day! Be the First In Line for Your Tax Refund - The TurboTax Blog
    Mark your calendars! The IRS confirmed today that they will ...

    IRS Provides Tax Relief for California Storm Victims - The TurboTax Blog
    If you were impacted by the storms in California, here is ...

    IRS Announced Significant Inflation Adjustments for Tax Year 2023 - The TurboTax Blog
    With inflation rates being the highest in several decades, ...

    What Should I Do if I Missed the Extended Tax Deadline? - The TurboTax Blog
    The tax year 2021 final tax extension filing deadline was ...

    Prep for Post-Grad Life With These 5 Financial And Tax Tips - The TurboTax Blog
    Congratulations, Class of 2023 — you did it! While graduatio ...

    Your Tax Extension Options (and How To Take Advantage of Them) - The TurboTax Blog
    So the tax deadline has passed — what now? Here’s your ...

    7 Tax Deductions for Wedding Planners - The TurboTax Blog
    Are you a wedding planner? Wedding planners are in a unique ...

    Are Parking Tickets Tax Deductible? - The TurboTax Blog
    Let’s say you’re driving for Lyft or Uber, and need to grab ...

    Cryptocurrency Tax Calculator - The TurboTax Blog
    If you have these questions don't worry we have you ...

    Podcast: Are Home Improvements Tax Deductible? - The TurboTax Blog
      Welcome to Friends with Tax Benefits. In the fifth ...

    Podcast: Can I Deduct That? Tax Tricks for Influencers - The TurboTax Blog
    Form 1099-K isn’t just for small businesses or self-employed ...

    Podcast: Tax Tips to Help You With Student Debt - The TurboTax Blog
      1.6 trillion dollars. That’s the number this episode is ...

    Podcast: Giving and Getting Back (at Tax Time) - The TurboTax Blog
    A charitable donation can save money at tax time. Here’s ...

    Unable to Pay Your Tax Bill? Here’s What To Do - The TurboTax Blog
    If you owe money on taxes, you may be wondering what the ...