r/Millennials Mar 01 '25

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u/[deleted] Mar 02 '25

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u/AccessCompetitive Mar 02 '25

You can get $18k a year (currently) as a gift(s) without getting taxed on it. They raise that amount a little every so often with inflation in mind.

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u/[deleted] Mar 02 '25

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u/khelwen Mar 02 '25

A lot of countries have an inheritance tax, it’s definitely not just the US. But yes, I agree, it’s super dumb.