2025 Gift Limit . If your filing is more than 60 days late. This exclusion allows taxpayers to gift assets to individuals each year.
Married couples may gift up to $38,000 per recipient annually without triggering gift tax or reporting. 20, 2018, the irs clarified that individuals taking advantage of the increased gift tax exclusion amount in effect from 2018 to 2025 will not be adversely impacted after 2025 when.
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