2024 Gift Tax Exemption Amount

2024 Gift Tax Exemption Amount. For individuals who pass away in 2024, the exempt amount from federal estate tax is projected to be $13.61 million, up from $12.92 million for estates of individuals who died in. The united states government imposes a gift tax on gifts of money and other property that exceed the annual gift tax limit of $18,000 in 2024.


2024 Gift Tax Exemption Amount

(this increases to $19,000 per recipient in 2025.) here’s an example: Estate & gift tax exemption:

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