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California Gift Tax

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  • California Gift Tax

    I live in California. I have a quick questions. If I want to give my sister a gift of $5,000 out of my income, will I get charge tax for this? What is the best method to do this without being charge for tax?

  • #2
    California does not have a separate estate, inheritance or gift tax. You can give up to $11,000 to a person with no federal tax liability.


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