If your spouse is not a U.S. citizen, tax-free gifts are limited to present interest gifts whose total value is below the annual exclusion amount, which for 2021 is $159,000. There is no lifetime gift tax credit available to offset tax where such gifts result in a tax liability.

If your spouse is a U.S. citizen, direct gifts will generally qualify for the unlimited marital deduction.

If you need #InternationalTax advice?

We are here...


Here are 4 ways we can help you -

1. SIGN UP for free webinars on US Expat Taxes and International Entrepreneur Taxes at www.htj.tax


2. STREAM premium educational videos at www.htj.tax


3. CONTACT us for tax optimization consults over Zoom

4. High Net Worth? We can QUOTE for doing your "US - International" tax returns

#HTJpodcast #internationaltax #taxplanning #financialplanning #taxes #compliance #AdaptOrDie #internationalbusiness #offshore #expats #investors #offshore #liveyourbestlife #flagtheory #InternationalEntrepreneur #entrepreneur