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Gift Tax

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ivanl3

Member
What is the name of your state? Pennsylvania

Can someone provide a link to the 2008 federal gift tax rates. I belive it is 0% for the first $12K, but I cannot find what it is after that. Also, can someone confirm there is no gift tax at the state level (PA).

Thanks.
 


LdiJ

LdiJ

Senior Member
ivanl3 said:
What is the name of your state? Pennsylvania

Can someone provide a link to the 2008 federal gift tax rates. I belive it is 0% for the first $12K, but I cannot find what it is after that. Also, can someone confirm there is no gift tax at the state level (PA).

Thanks.
Click to expand...
Read IRS publication 950. I think you will find that helpful.
 
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