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How Much Money Can Be Given As A Gift To A Child From A Parent? What Is The Limit?

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    Limit? I don't think there is a limit. As a parent you would know how much to give and if there was a reason for it. For example, for my daughter's b-day...she once got up to six hundred from family members. Her grandmother gave her $200, and other's $50 and so on. She turned 6 yrs old!  I've given money as a gift to others when I can afford to do so. My gifts are usually $25. Hope that helps : )
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    Papitas 

    answered 3 months ago

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