topic Giving Gift of Stock in Get your taxes done using TurboTax

Giving Gift of Stock

fm24 — Tue, 10 Mar 2026 06:58:55 GMT

Are gifts of stock included in the $16,000 annual exclusion? I have never done this before so I wanted to check if there are any tax consequences to me as the one giving the gift of the stocks.

Re: Giving Gift of Stock

Bsch4477 — Wed, 16 Nov 2022 18:07:17 GMT

You can gift stock with a market value of up to $16,000 during the year without filing a gift tax form 709. Since the lifetime exclusion is almost 13 million dollars you won’t have to worry about paying any gift tax.

Re: Giving Gift of Stock

fm24 — Wed, 16 Nov 2022 18:09:16 GMT

Thanks so much! I appreciate your help!

Re: Giving Gift of Stock

rjs — Wed, 16 Nov 2022 18:22:34 GMT

To clarify, the $16,000 annual exclusion applies to the total of all gifts to any one person during the year. It's a single combined total for gifts of money, stock, property, and any other items.

The annual exclusion is $16,000 for 2022. For 2023 it is $17,000.

Re: Giving Gift of Stock

fm24 — Wed, 16 Nov 2022 18:24:16 GMT

Thanks for the clarification. Very helpful!