How much can a parent gift a child in 2021?

How much can a parent gift a child in 2021?

$15,000 per year In 2021, parents can each take advantage of their annual gift tax exclusion of $15,000 per year, per child. In a family of two parents and two children, this means the parents could together give each child $30,000 for a total of $60,000 in 2021 without filing a gift tax return. Sep 14, 2021