How much money can you give someone without triggering gift taxes or IRS issues? If you’re planning to help family or friends in 2026, understanding the IRS gift tax rules is essential before you move any money.

In this video, CPA and Certified Private Wealth Advisor Stephen Lee explains exactly how the gift tax works, who actually pays the tax, and how much you can give without filing paperwork or owing a dime to the IRS. One of the biggest misconceptions is that the person receiving a gift pays income tax. That is not true. Gifts are not taxable income to the recipient under IRS rules.

If you’re thinking about gifting money, helping family, or planning wealth transfers in 2026, this video will give you clarity and confidence so you can be generous without unnecessary tax stress.

00:00 IRS Gift Tax Explained | How Gifting Money Is Taxed

00:49 2026 Annual Gift Tax Exclusion Limits ($19,000 Rule)

01:22 Lifetime Gift Tax Exemption & When to File IRS Form 709

01:49 Tuition & Medical Payments That Don’t Count as Gifts

02:15 How to Gift Money Safely | Cash, Checks, Banks & IRS Rules

02:54 Gift Tax Planning for 2026 | How to Give Money Tax Free

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The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

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