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2025 Gift Tax Exclusion Annual

2025 Gift Tax Exclusion Annual. They are also considering an 18% gst on used cars, including electric vehicles, and a potential 35% slab for sin goods. The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the.


2025 Gift Tax Exclusion Annual

In other words, giving more than $19,000 to any individual in 2025 means you may have to file a gift tax return. A couple can combine gifts and pass up to $36,000 per recipient each year.

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