Irs Inheritance Tax 2024 . Discover the latest inheritance tax rules, exemptions, and strategies to minimize taxes on your estate. What are the current federal estate tax exemption and gift tax exemptions?
The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024 limit. A higher exemption means more estates may be exempt from the federal tax this year, which can save.
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