How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask CGCPA Your Own Question
Category: Tax
Satisfied Customers: 3820
Experience:  over 40 years experience in tax matters
Type Your Tax Question Here...
CGCPA is online now
A new question is answered every 9 seconds

How can you gift over $13,000 to one recipient

This answer was rated:

How can you gift over $13,000 to one recipient?

Welcome to Just Answer. I am here to help you resolve your tax and finance concerns. Please feel free to ask anytime you need extra help.


There is no limit on the maximum you can gift to another person. However, when you pass the $13,000 threshold in any year you are required to file a gift tax return and, if required, pay any gift tax which may be due. To avoid the reporting requirement simply requires that you make $13,000 gifts to multiple individuals and they in turn make $13,000 gifts to the originally intended recipient. Another alternative is, if you are married, that each of you make gifts. If you do not know anyone you can trust to receive and then pass along a gift you can still go forward. There is no tax for gifts under $1,000,000 just a filing requirement.

CGCPA and other Tax Specialists are ready to help you