2024 Lifetime Gift Tax Exclusion Amount . This form should be attached to your annual. The annual exclusion applies to gifts of $18,000 to each donee or recipient per.
For 2024, the lifetime exemption is $13.61 million. This means that you can give up to $13.61 million in gifts throughout your life without ever having to pay gift tax on.
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Lifetime Gift And Estate Tax Exemption 2024 Erica Jacinda , The lifetime exemption from the federal gift and estate tax will rise to $13.61 million per person (from $12.92 million per person in 2023).
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