2024 Gift Tax Limit Per Individual

2024 Gift Tax Limit Per Individual. 7 note, secure 2.0 builds upon and modifies the setting every community up for retirement enhancement (secure) act of 2019 signed into law friday, december 20, 2019 (the. This means that you can make gifts.


2024 Gift Tax Limit Per Individual

The annual gift tax exclusion 2024 is $15,000 per individual or $30,000 per married couple, which is significantly lower than the gift tax exemption amount. Income tax changes in 2024:

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