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Gift Tax Rates 2024 Calculator

Gift Tax Rates 2024 Calculator. The lifetime limit for gifting is $13.61 million for. For 2024, the annual gift tax limit is $18,000.


Gift Tax Rates 2024 Calculator

Someone with three children can gift as much as $18,000 per child for a total of $54,000, without needing to pay a gift tax for the year. If you eventually exhaust your lifetime exclusion and must pay gift taxes, the rate youโ€™ll pay depends on the value of gifts.

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