Gift Tax Explained! (DO YOU OWE TAXES ON YOUR DAD’S GIFT?)

Описание: GIFT TAX EXPLAINED! (DO YOU OWE TAXES ON YOUR DAD’S GIFT?) | Did you just receive money as a gift from your parents? Or maybe your grandma gave you $20,000 to help pay for your house down payment? You’re probably feeling lucky but you’re also wondering, do you have to pay taxes on this gift? In this video, we cover gift tax in detail.

#gifttaxexplained #gifttax #gifttax2025

If you're interested in having a comprehensive financial plan prepared for you, schedule a free discovery call today at: https://districtcapitalmanagement.com...

Get free monthly financial tips by subscribing to our newsletter at https://districtcapitalmanagement.com

Skip Ahead Here!
0:00 - Gift Tax Explained!
0:47 - What is a gift tax?
0:58 - Who has to pay a gift tax?
1:30 - Gift tax rules for 2022
3:28 - Do you have to pay taxes on money you received as a gift?
4:05 - How can you avoid paying taxes on gifts?

**RECOMMENDED READING LIST**
The One-Page Financial Plan by Carl Richards (easy read, holistic + fun graphics!) https://amzn.to/35NH54Z

Simple, Smart Investing by Ian Kennedy (can help you construct your investment portfolio)
https://amzn.to/32GRJbJ

A Random Walk Down Wall Street by Burton G. Malkiel (classic book that sold me on index funds) https://amzn.to/2H7pbzS

● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ●

● SAY HI ON SOCIAL
Website: https://districtcapitalmanagement.com/
Facebook:   / districtcapital  
LinkedIn:   / alvin-carlos-cfa-cfp%c2%ae-5101903  

● WHO AM I?
Alvin Carlos is a CFP® professional and CFA® charterholder. His team helps professionals in their 30s and 40s to be smarter with their money. They help them optimize their investments, lower taxes, pay off debt, and have peace of mind.

● DISCLAIMERS
This content is for education and entertainment purposes only. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

District Capital is a participant in Amazon Associates LLC Program, an affiliate advertising program designed to provide a means for us to earn income by linking to Amazon.com and affiliated sites. When you purchase any products through our Amazon page, you'll be supporting our mission of providing high-quality financial advice to the middle-class! :)