Tax Guru – Ker$tetter Letter

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Gift Tax History

Posted by taxguru on December 26, 2009

Q:

Hello Kerry,

I was wondering if you could help me out with a few questions. I have been doing quite a bit of extensive searching for the maximum gift exclusions for years 1994, 1995, and 1996 and haven’t been able to get anywhere. Was wondering if maybe you might know what these numbers would be? I found your website during the many searches I’ve done.

Thanks so much for your help in advance.

A:

It was $10,000 for each of those years, as you can see in the attached chart, which was part of the more extensive history of the gift tax that you can download from here.

Good luck. I hope this helps.

Kerry Kerstetter

Business Plan Pro

This entry was posted on December 26, 2009 at 1:05 PM and is filed under Gifting. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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