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Annual exclusionA tax rule allowing the deduction of certain income from taxation.
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Annual exclusionAmount 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.
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Annual exclusionDefinition 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 [..]
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Annual exclusionthe 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.
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Annual exclusionAnnual 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. [..]
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Annual exclusionThe amount of property that may be given annually to a donee free of gift tax.
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Annual exclusionA tax rule allowing the deduction of certain income from taxation.
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