Exclusion Amount

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August 25, 2024 3 min read Definitions
Annual Gift Tax Exclusion: Understanding the Exemption
Finance Taxes Gift Tax IRS Exclusion Amount Inflation Adjustment Financial Planning
Annual Gift Tax Exclusion allows donors to exclude a specified amount of their gifts from gift taxes each year. The exclusion amount has been $13,000 per donee for the years 2010 and 2011 and increases periodically to account for inflation.
Read more about Annual Gift Tax Exclusion: Understanding the Exemption.

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