Gift Tax Rates 2024. The inheritance tax rates are proportional and ranging between 0% and 5%, depending on the order of succession, and the rate depends on the decision of the. This means you can give up to $18,000 to as many people as you want in 2024 without.


Gift Tax Rates 2024

Instead, a gift is taxed only after you exceed your lifetime estate and gift exemption, which in 2024 is $13.61 million for individuals and $27.22 million for married. The internal revenue service (irs) sets certain thresholds to help regulate gifting.

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