Ask the Dolans: How does the tax free gift exclusion work?

Ken and Daria Dolan, America's first family of personal finance, answer your questions every Friday.

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Everyone should be so lucky as to know some one like Maria! Maria is about to make some friends and family members very happy. Her generosity is incredibly uplifting in today's tough times. Watch this week's video to hear her plans and Ken and Daria's advice.

Dear Ken and Daria,

How much money can I gift to someone without anyone having to pay taxes, and how many people can I gift money to?"

--Maria