ContractsCounsel Logo

Legal Questions and Answers

Get free proposals from vetted lawyers in our marketplace.

GET FREE PROPOSALS
No upfront payment required. Pay only if you hire.
Home Q&A Forum How. much in value can I give as a gift? I am a resident of Florida?

Tax

Gift Agreement

Florida

Asked on Oct 1, 2021

How. much in value can I give as a gift? I am a resident of Florida?

My son wants to gift stock and wants to know how much in value he can gift.

1 Attorney answer

Answer

Tax

Florida

Answered 885 days ago

Diane D.

ContractsCounsel verified

Business Lawyer
Licensed in Florida
Free Consultation

Your son should be doing the asking because by you asking, you are illegally practicing law. However, generally you are not required to file a gift tax return unless the total gifts to a recipient exceed the annual gift tax exclusion for that calendar year., which for Florida is $15,000.

Use of the ContractsCounsel Q&A Forum does not create an attorney-client relationship between User and any Lawyer User. The Forum is not a substitute for legal advice from a lawyer but is intended to be educational and to help the user determine if legal services are necessary. The Forum, Content, and communications on the Forum do not constitute legal advice.
Meet some lawyers on our platform

Zachary J.

343 projects on CC
CC verified
View Profile

Jeremiah C.

96 projects on CC
CC verified
View Profile

Ryenne S.

602 projects on CC
CC verified
View Profile

Scott S.

60 projects on CC
CC verified
View Profile

Find lawyers and attorneys by city