Gift Tax History
Q:
Subject: Historical annual tax free gift allowancesKerry,
What were the annual tax free allowances for gift taxes from 1965 to 2007 by year?
Example
2007 $ 12,000
2006 $ 12,000
2005 ?
2004 ?
2003 ?
1965 ?
A:
My policy is to not answer homework questions. However, check out this post from almost four months ago.
Kerry Kerstetter