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Learn About The Gift Tax and ItsDeductible

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Uploaded by on Nov 19, 2009

If you give a friend or family member money, a lot of money, you may have to pay taxes on the gift you give. This is known as the Gift Tax. With the Gift Tax, we're talking about a lot of money - more than $13,000 per person and up to 1 Million dollars over your lifetime. Learn about the Gift Tax and TurboTax's ItsDeductible.

For more information, please visit: http://turbotax.intuit.com

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  • video posted before gift tax limits changed for 2011 & 2012?

  • Once again that was not helpful.

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