September 8, 2024

Piper Brittany

Donna GayleenKacy SallieTrude HorPiper Brittany

Lifetime Gift Tax Exclusion 2024 Per Person

2 min read

Lifetime Gift Tax Exclusion 2024 Per Person.  โ€” in 2024, any person can gift up to $18,000 per year to any other individual without any adverse gift tax consequences or the need to prepare and file a federal gift. Also for 2024, the irs allows a person to give away up to $13.61 million in.


Lifetime Gift Tax Exclusion 2024 Per Person

The annual gift tax exclusion allows. If a gift exceeds the $18,000 limit for 2024, that does not automatically trigger the gift tax.

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