https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Sun, 26 Jul 2026 16:17:35 +0000 https://boards.hellobee.com/topic/tax-bees-gifting-cars#post-2305614 Tue, 29 Sep 2015 19:01:42 +0000 tequiero21 2305614@https://boards.hellobee.com/ <p>I know we can exclude $56,000 if my hubby and I are gifting money to his parents, let's say. Cash is easy. What about a car? Can we gift it and it fall under the annual exclusion? And if it's more, let's say about $60,000, then we can use the lifetime exclusion for $4,000? Thanks in advance! </p>