As of 2024, up to $18,000 per donor per beneficiary ($17,000 in 2023) qualifies for the annual gift tax exclusion. Taxpayers must report excess contributions above $18,000 on IRS Form 709, which will count against the taxpayer’s lifetime estate and gift tax exemption amount ($13.61 ...
The use of the content="user-scalable=no" and maximum-scale=1.0 on the meta element: Causes real ...