How can I find the rules for 2008 gift tax for IRS?

Question

The gift laws I know will change soon and I'm not even sure what they are right now. Any web sites would be helpful as I know its complicated

Answer 1

IRS website www.irs.gov

Keyword:  Gifts

Answer 2

Here you go:  http://www.irs.gov/pub/irs-pdf/p950.pdf

The only significant pending changes are reductions in the maximum Gift Tax rate from 45% to 35% for 2010 and then a return to the old max rate of 46% after Dec 31, 2010.  That may well be changed by Congress.  They can change the law at any time.

Answer 3

Right from the horse's (IRS's) mouth:

http://www.irs.gov/pub/irs-pdf/p950.pdf

Answer 4

irs.gov,  goodaccountants.com, or there is also an article which is quite detailed at rojascpa.com/2008_gift_tax_planning

The amounts have changed, but I would expect  major changes later this year.

Answer 5

For gift tax, read this

Read http://taxipay.blogspot.com/2008/03/us-g...