2024 Annual Gift Tax Exclusion Amount Limit. A married couple filing jointly can double this. Here's how the gift tax works, along with current rates and exemption.
The combined gift and estate tax exemption will be $13.61 million per individual for lifetime. The basic exclusion amount for determining the amount of the unified credit against estate tax under irc section 2010 will be $13,610,000 for decedents who die in 2024, a.
2024 Annual Gift Tax Exclusion Amount Limit Images References :