Irs Gift Tax Exclusion 2024

Irs Gift Tax Exclusion 2024. The gift tax limit (or annual gift tax exclusion) for 2023 is $17,000 per recipient. Annual gift tax exclusion increase:


Irs Gift Tax Exclusion 2024

The gift tax limit (also known as the gift tax exclusion) is $18,000 for 2024. Since the 2024 presidential election resulted in republican wins for the president, the senate, and the house of representatives, it would be surprising if no affirmative action were.

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