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2024 Lifetime Gift Tax Exemption

2024 Lifetime Gift Tax Exemption. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. (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.


2024 Lifetime Gift Tax Exemption

Gift tax exemption for 2024. The lifetime gift tax exemption is tied to both the annual gift tax exclusion and the federal estate tax.

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