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Tax Free Annual Gift Limit 2024 Per Person

Tax Free Annual Gift Limit 2024 Per Person. For married couples, the limit is $18,000 each, for a total of $36,000. Gifts exceeding the annual $18,000 per person limit, or $36,000 for married couples, will reduce the giver's lifetime exemption amount.


Tax Free Annual Gift Limit 2024 Per Person

This guide explains how they are all connected. Any amount you gift beyond the annual exclusion that surpasses this lifetime.

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