What Is The Gift Tax Rate 2024. Instead, a gift is taxed only after you exceed your lifetime estate and gift exemption, which in 2024 is $13.61 million for individuals and $27.22 million for married couples. Double if married), to as many people as.


What Is The Gift Tax Rate 2024

It’s important to remember that a person’s lifetime. For the year 2024, the irs sets specific limits on the amount that can be given to any number of individuals without incurring a gift tax or even needing to file a gift tax return.

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