Yes!!! 12k per girl from EACH parent per year. So the parentals shelter 48k; each child gets 24k...tax free.
We ended up OWING this year. We lost a kid deduction. Groceries are overated. So forget vacay here...I just want to buy Kraft Mac and cheese again.
AND HOW DOES SHARPTON GET AWAY WITH NOT PAYING MILLIONS!!!!
We ended up owing too....sigh. filing today or tomorrw via tax act.