Meaning Annual exclusion
What does Annual exclusion mean? Here you find 7 meanings of the word Annual exclusion. You can also add a definition of Annual exclusion yourself

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Annual exclusion


A tax rule allowing the deduction of certain income from taxation.
Source: nasdaq.com

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Annual exclusion


Amount you can give someone each year without having to file a gift tax return or pay a gift tax. Currently $13,000 per recipient ($26,000 if married). The amount of tax-free gifts is tied to inflation and may increase from time to time.
Source: estateplanning.com

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Annual exclusion


Definition The maximum amount that a person is allowed to give another person without incurring Federal gift tax. The current annual exclusion is $11,000 per year per recipient. There is no limit on t [..]
Source: investorwords.com

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Annual exclusion


the maximum amount that a person can give each year as a gift without having to pay a gift tax NOTE: The annual exclusion is currently $10,000 per donee.
Source: dictionary.findlaw.com

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Annual exclusion


Annual exclusion is the maximum amount that a person can give each year as a gift without paying a gift tax. There is no limit on the number of gifts a person can make to different persons in a year. [..]
Source: definitions.uslegal.com

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Annual exclusion


The amount of property that may be given annually to a donee free of gift tax.
Source: guarantybankco.com

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Annual exclusion


A tax rule allowing the deduction of certain income from taxation.
Source: people.duke.edu





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