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.


2024 Annual Gift Tax Exclusion Amount Limit

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.

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