2024 Gift Exclusion Amount Vertaling. The annual gift tax exclusion is $18,000 for 2024 and will be $19,000 in 2025. This exclusion is the amount an individual may give per person without incurring a gift tax or reporting obligation.
Knowing the annual gift tax exclusion can save you money and spare you. As the year winds down, you may want to combine estate planning with tax savings by taking advantage of the gift tax annual exclusion.
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