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[[ Could someone please show me where I can read up on this? I looked in the
Fool school, but didn't see a
reference to this. When I read the above information, I interpret it to mean that
on and after 2006, a donor can gift up to one million tax-free to the donee -
unlike the current $10,000 (or $20,000 to a married couple) non-taxable gift.]]

You can read MUCH more about this issue in IRS Publication 950 at the IRS web site.

TMF Taxes
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