Question

An amount of money sent as a gift to someone
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Answer 1

Answer:

Explanation:

Cash given as a gift is not considered taxable up to the annual exclusion, which is $15,000 for 2019. If your gift is under this amount, your recipient won't be responsible for paying taxes on it.

Answer 2

Answer:

Remittances

Explanation:

Remittances an amount of money sent in payment or as a gift to someone .