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Gift Tax Exemption 2024

Gift Tax Exemption 2024. For married couples, the limit is $18,000 each, for a total of $36,000. The lifetime gift tax exemption in 2024 is set at $13.61 million per individual.


Gift Tax Exemption 2024

(that’s up $1,000 from last year’s limit since the gift tax is one of many tax amounts adjusted annually for inflation.) for married couples, the. The personal care exemptions include cash gifts with a yearly exemption of rs.

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