The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: gift tax Date:  6/12/2013  11:21 PM
Author:  loopholes Number:  118675 of 132878

don't forget to consider whether there is a state gift tax, and if so, whether the exclusions are the same as for federal gift tax. I recently read something about Minnesota enacting a new gift tax, which has (or when effective will have) a less generous lifetime exclusion than the federal unified credit. Connecticut used to have one also (maybe still does).
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us