What is the federal gift tax rate for 2020?

What is the federal gift tax rate for 2020?

between 18 percent and 40 percent After giving out money or property exceeding this threshold, your gift tax rate will be between 18 percent and 40 percent, depending on how far your cumulative gifts eclipse it. You will also need to fill out IRS Form 709 with your return. Nov 2, 2021