Tax year 2015 nonreportable gifting limit

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  • JSAUR
    Junior Member
    • Dec 2015
    • 1

    #1

    Tax year 2015 nonreportable gifting limit

    Has the $14000. TY2014 limit for a non reportable gift to an individual been increased for TY2015?
  • David1980
    Senior Member
    • Feb 2008
    • 1703

    #2
    Still $14,000. https://www.irs.gov/pub/irs-drop/rp-14-61.pdf

    Also $14,000 for 2016. https://www.irs.gov/pub/irs-drop/rp-15-53.pdf

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    • Lion
      Senior Member
      • Jun 2005
      • 4699

      #3
      And, it's not A gift. It's ALL gifts to that individual. So, don't write her/him a check for $14,000 and then give a big birthday gift, too.

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