Here’s What’s Changed For The 2022 Tax Season

- By

Give More Gifts, Tax-Free

One hundred dollar bills like a gift isolated on white

Source: FireflyLight / Getty

If you were hoping to gift money to a spouse or family member, here’s some good news: the new gift exclusion amount has increased from $15,000 to $16,000.

Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN