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Asked in PA May 21, 2022 ,  0 answers
How much money can I give to my son and to my daughter-in-law each year without a tax penalty.?
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Elder law
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Anonymous
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Posted on / Jul. 27, 2010 11:47:00

$13,000 to each for a maximum of $26,000 for 2009.

See http://www.irs.gov/pub/irs-pdf/p950.pdf. You should speak to your CPA or tax attorney about this.

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