Gift Tax Rates 2024 Pdf . โ in 2024, the federal lifetime gift tax and estate tax exemption amount will increase to $13.61 million per person. The tax rates applicable to different categories of taxpayers, such as individuals, hufs, aops, bois, and companies, vary based on.
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Gift Tax Rates 2024 Irs Sib Lethia , As a taxpayer, you usually only pay gift tax on the amounts that exceed the allotted lifetime gift tax exclusion, which was $12.92 million in 2023 and $13.61 million in 2024.
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