Question

The amount of money sent in payment or as gift

Answer 1

: 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

Explanation:

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.