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2024 Gift Tax Exclusion Irs

2024 Gift Tax Exclusion Irs. This means that you can give up to $18,000 to anyone without having to worry about paying any gift tax. Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 per recipient (up.


2024 Gift Tax Exclusion Irs

The exclusion will be $19,000 per recipient for 2025, up from $18,000 in 2024. Furthermore, the annual amount that.

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