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2024 Gift Tax Exemption Chart. This inflation adjustment results in a 2025 applicable exclusion amount of $13,990,000. The bottom and top tax rates that have been in effect since 1977 (assuming no taxable gifts before 1977), and the federal gift tax annual exclusions.
You do not have to pay gift tax. Updated per latest union budget 2024.
2024 Gift Tax Exemption Chart Images References :
Category: 2024