Gifting Money to Children: Tax Rules, Limits, and What Families Should Know in 2026
Giving kids money can help with education, first home or early investing. But the tax treatment depends on how much you contribute, who receives it and how you structure the transfer. The 2026 federal gift tax yearly exclusion will be $19,000 per person. The basic lifetime exclusion is $15 million per individual. Being clear about […]