Gift Tax 2024 Exemption

Gift Tax 2024 Exemption. A key exemption is the annual gift tax exclusion.  — the estate tax exemption in 2024 is $13.61 million for individuals and $27.22 million for couples.


Gift Tax 2024 Exemption

The annual gift tax limit is $18,000 per person in 2024.  — this thought stems from section 80g of the income tax act, 1961.

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