Gift Tax Exclusion 2024
Gift Tax Exclusion 2024. For 2024, the lifetime exclusion is $13,610,000 for individuals and $27,220,000 for married couples. The annual gift tax exclusion will be $19,000 per recipient in 2025, an increase from the $18,000 annual gift tax exclusion for gifts made in 2024.
Gifting is one of the many ways to express love and. Furthermore, the annual amount that.