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I'm sorry for grandma of course but I like the 21 dollars in silver coins, sovcit.(lemmy.world)

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BonesOfTheMoon@lemmy.worldM
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insanepeoplefacebook@lemmy.world
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lemmyman@lemmy.world
13 points

The funny thing is, the gift wouldn’t be taxed anyway. It’s certainly valued less than the multi-million-dollar federal lifetime gift tax exemption (and no state has an exemption under 1 million, either)

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Brosplosion@lemm.ee
3 points

There’s a yearly limit for gifts at $18k in 2024.

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lemmyman@lemmy.world
3 points

True, but anything over that just counts toward estate tax, which has the aforementioned exemptions.

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