Tax Free Gift Amount For 2024

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Tax Free Gift Amount For 2024. Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023. These gifts can include cash as well as.


Tax Free Gift Amount For 2024

Gift tax exemption for 2024. It allows you to give cash or property up to a specified amount to an unlimited number of family members and friends each year without gift tax implications.

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