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Question
I received a settlement from RoundUp case. I was wondering how much can I give to my wife, tax free?
Date Asked:
December 7, 2021
Answer

Gifts to spouses don’t typically trigger any tax repercussions, provided you are legally married. The IRS considers married individuals as one legal entity, so they are typically exempt from gift tax.

Date answered:
December 7, 2021

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