Estate & Gift Tax Exclusions
Answer:
Annual Federal Gift Tax Exclusion = $14,000
Lifetime Federal Gift Tax Exclusion = $5,250,000
Lifetime GST Tax Exemption = $5,250,000
Important NOTE is that State exclusions may be different from above Federal amounts.
Lifetime Federal Gift Tax Exclusion = $5,250,000
Lifetime GST Tax Exemption = $5,250,000
Important NOTE is that State exclusions may be different from above Federal amounts.
