Gift

Gift Tax in 2021: How Much Can I Give Tax-Free? | Personal-finance

What if no other exclusion applies?

Finally, even if none of the other provisions allows you to avoid gift tax, you have a lifetime exemption amount that will generally cover you. In 2021, that amount is $11.7 million.

Say you gave $15,000 each to nine friends in 2021 and $100,000 each to your spouse and your child. The nine gifts are all covered by the annual exclusion. For your spouse, the spousal exemption covers the entire amount. Only the child’s gift is subject to tax, with the first $15,000 tax-free and the remaining $85,000 uncovered.

However, you’re allowed to apply

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Here Are New ‘Genshin Impact’ Gift Codes For Primogems, Mora, XP And More

Apparently I have been missing out on the concept of Genshin Impact “gift codes” for a while now, which have been a thing forever, but I’ve only just realized how rewarding they can be.

Ahead of the release of Xiao and the 1.3 update in about two weeks, miHoYo has unleashed another patch of gift codes, and there are seven that I was clued into from @KozmicPlays.

These codes, if you use all of them (not sure when they expire, so do it quickly) will give you:

  • 490 Primogems
  • 8 Hero’s Wit, 3 Adventurer’s Experience
  • 10 Mystic Ores
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National Use Your Gift Card Day: Here are the best ways to use your leftover gift cards

Christmas 2020 is now but a memory.

And it certainly is one most of us will never forget because of the impact the COVID-19 pandemic had on our celebrations.

Regardless, if you received a gift card hopefully you already used it.

If not, you should and we want to help.

Jan. 16, 2021, is National Use Your Gift Card Day – a day created last year by Tracy Tilson of useyourgiftcard.com.

According to Tilson, there are literally billions of dollars of value remaining on unused gift cards.

“The Use Your Gift Card platform began with an ‘ah-ha’ moment. I

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Rethink gift cards | Everyday Cheapskate

These days, you can buy gift cards (the modern replacement for the gift certificate) from just about every store imaginable. They are convenient, and for many people, gift cards appear to be the perfect gift solution. They’re not. I am so opposed to gift cards that I’m this close to declaring an all-out boycott. Why? Oh, please let me count the ways.

But first, let me define “gift card.” This is a card with the name of a retailer on it, such as Target, Walmart, Kohl’s or Honey Baked Ham. I am not referring to a prepaid debit or gift

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16 Valentine’s Day Gift Boxes to Spread the Love From Near or Far

Intimacy, closeness, and love look a little bit different for most people this year. Due to social distancing and travel restrictions, we can’t all be with the ones we love in person. And even if you’re lucky enough to be quarantining with a significant other, you might not be able to celebrate this Valentine’s Day as you would have in the past. But if the COVID-19 pandemic has taught us anything, it’s that we have the technology to stay connected to each other no matter where we are—and that there are few things we can’t buy online.

So if you’re … Read More

The dark side of gift cards |

These days, you can buy gift cards (the modern replacement for the gift certificate) from just about every store imaginable. They are convenient, and for many people, gift cards appear to be the perfect gift solution. They’re not. I am so opposed to gift cards I’m this close to declaring an all-out boycott. Why? Oh, please let me count the ways.

But first, let me define “gift card.” This is a card with the name of a retailer on it, such as Target, Walmart, Kohl’s or Honey Baked Ham. I am not referring to a prepaid debit or gift card

Read More