Current Gift Tax Exemption 2024

Current Gift Tax Exemption 2024. Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 per recipient (up from. Estate and gift tax exemption:


Current Gift Tax Exemption 2024

For 2024, the lifetime exemption amount is $13.61 million per individual. The lifetime gift tax exemption is tied to both the annual gift tax exclusion and the federal estate tax.

Current Gift Tax Exemption 2024 Images References :