What Is The Tax Free Gift Limit For 2025 In The Us

What Is The Tax Free Gift Limit For 2025 In The Us. This amount is the maximum you can give a single person without having to report it to the irs. The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024.


What Is The Tax Free Gift Limit For 2025 In The Us

The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024. This amount is the maximum you can give a single person without having to report it to the irs.

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