What Is Gift Tax Limit For 2025. The federal estate tax exemption is the amount below which your estate will not be subject to taxes when you die. You only pay the gift tax if you exceed the lifetime exclusion, and that only happens if you exceed the annual exclusion.
This means that individuals can transfer up to $13.99. The federal estate tax exemption is the amount below which your estate will not be subject to taxes when you die.
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