2024 Lifetime Gift Tax Exclusion Amount. Maximize your 2024 gift tax exclusion with guidance from elder needs law you need to know the ins and outs of the 2024 gift tax exclusion for effective financial and estate. This lifetime exclusion is a necessary tool for estate planning.
Individual taxpayers may also make gifts up to $18,000 per gift recipient (up to $36,000 per recipient for married couples) in 2024 without using any of their lifetime. This lifetime exclusion is a necessary tool for estate planning.
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