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Irs Gift Tax Rules 2024

Irs Gift Tax Rules 2024. Someone with three children can gift as much as $18,000 per child for a total of. For 2024, the annual exclusion amount is $18,000.


Irs Gift Tax Rules 2024

But the irs also allows you to give up to $17,000 in 2023 and $18,000 in 2024 to any number of people. Spouses can elect to โ€œsplitโ€ gifts,.

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