Lifetime Gift And Estate Tax Exemption 2024 Calculator
Lifetime Gift And Estate Tax Exemption 2024 Calculator. There's no limit on the number of individual gifts that can be made, and couples can give. What is the lifetime gift tax exemption for 2024?
The lifetime exemption is the amount that individuals can transfer during their lifetime or at death to others without incurring a 40% tax. Where applicable, the rates depend on the relationship between the donor and recipient and the value of the gift:
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