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In the United States, if you give away one million dollars, it may be subject to gift tax regulations. The annual gift tax exclusion allows you to gift up to a certain amount (e.g., $17,000 per recipient in 2023) without incurring taxes. Amounts above this exclusion can count against your lifetime gift tax exemption, which is over $12 million as of 2023. However, it's advisable to consult a tax professional for specific guidance based on your situation.
What else can I help you with?
If you give 40 people a million dollars each how much would it cost?
40 million dollars
Does YouTube give you a million dollars if you get a million hits?
No. If there is a reward for reaching that milestone, it's certainly much, much less than a million dollars.
How can you get 75 dollar?
Start with 100 dollars and give 25 dollars away!
If someone gave you a million dollars would you take it?
I totally would take a million dollars if someone gave them to me if they're no strings attached to it.
If you had a million dollars how would you spend it?
I would give it to somebody who is living on the street
How many years will it take to give away one million dollars if you give away 50 dollars every hour?
It would take you 9.10 years to give away 1 million dollars
How do you get 300 dollars?
Work for it. Alternatively, find someone to give you a million and then you give away 999,700 dollars to deserving people.
Is Tim that won the Powerball for 580 million going to give away 1 million dollars on facebook?
No.
What did John Beresford Tipton Jr give away?
one million dollars
How much can you give your relatives each year tax free?
You may give 12,500 a year (this year) to ANYONE (Up to a Million Dollars total), you will have had to pay any taxes as income, NOT DEDUCTIBLE for you and REPORTABLE but NOT TAXABLE for them!
Will you give me a million dollars?
No.
How much does Google give away in scholarships?
This giant has given away almost nine million dollars in scholarship money to over two thousand students.
If you give 40 people a million dollars each how much would it cost?
40 million dollars
Is there a staring contest in bloomington that will give you a million dollars?
No.
Does YouTube give you a million dollars if you get a million hits?
No. If there is a reward for reaching that milestone, it's certainly much, much less than a million dollars.
How can you get 75 dollar?
Start with 100 dollars and give 25 dollars away!
Can you give me 1 million dollars?
If you gave me something of equivalent value.
