Gift Tax Rates 2025

Gift Tax Rates 2025. The 2025 annual exclusion amount will be $18,000 (up from $17,000 in 2023). Gifting is one of the many ways to.


Gift Tax Rates 2025

The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return. According to the income taxact, money or movable/immovable property that an individual receives from another individual/organization without making a payment is termed as โ€œgiftโ€.

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