Gift Tax 2024 Limit 2024
Gift Tax 2024 Limit 2024. As of january 2022, the annual gift tax exclusion was set at $15,000 per recipient. For married couples, the exemption doubles, allowing them to gift up to.
(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. So, only the estimated number of total and taxable estate tax returns are 7,600.