2024 Annual Gift Tax Exclusion Amount. The irs has specific rules about the taxation of gifts. The bottom and top tax.
The 2024 annual exclusion amount will be $18,000 (up from $17,000 in 2023). For the 2024 tax year, the annual gift tax exclusion has increased to $18,000 per recipient, up from $17,000 in 2023.
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