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This is the amount that can be given as a gift each year without the transaction being subject to the federal gift tax law.
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This is the amount that can be given as a gift each year without the transaction being subject to the federal gift tax law.
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Aug 9, 2023
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this is the amount that can be given as a gift each year without the transaction being subject to the federal gift tax law.
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Answer:
The annual gift tax exclusion limit for 2020 is $15,000 per person.
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Aug 15, 2023
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