2024 Gift Tax Exclusion Amount Of

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2024 Gift Tax Exclusion Amount Of. For 2024, the annual gift tax limit is $18,000. For example, if john decides to gift $18,000 to each of.


2024 Gift Tax Exclusion Amount Of

For the calendar year 2025, the annual gift tax exclusion will increase to $19,000 per recipient, up from $18,000 in 2024. By using this exclusion, you can gift up to $18,000 to an individual each year without paying a gift tax on the.

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