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2. What Are Gift Tax Rates and When Do You Have To Pay? - AOL

   www.aol.com/gift-tax-rates-pay-210701793.html

   Annual Gift Tax Exclusion for 2025. ... this is considered a gift and is taxable if the value of the gift is over the gift tax limit. The gift tax limit for 2024 was $18,000 which increased to ...

3. Here Are the 529 Plan Contribution Limits by State - AOL

   www.aol.com/finance/529-plan-contribution-limits...

   Lifetime Contribution Limit (2025) Alabama. $475,000. Alaska. $550,000. Arizona (advisor-sold plan) ... contributions to a 529 plan are considered "gifts," and if they exceed the annual gift tax ...

4. How Much Money Can I Gift Without Owing Taxes? - AOL

   www.aol.com/much-money-gift-without-owing...

   Annual Gift Tax Limits. The annual gift tax exclusion of $17,000 for 2023 is the amount of money that you can give as a gift to one person, in any given year, without having to pay any gift tax ...

5. Gift tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Gift_tax_in_the_United_States

   Gifts above the annual exemption amount act to reduce the lifetime gift tax exclusion. [14] Congress initially passed the gift tax in 1932 at a much lower rate than the estate tax, a full 25% under the estate tax rate, while also providing a $50,000 exemption, separate from the $50,000 exemption under estate tax. [ 15 ]

6. IRS Increases Gift and Estate Tax Exempt Limits - AOL

   www.aol.com/finance/irs-increases-gift-estate...

   If a gift exceeds the annual limit ($17,000 this year, $18,000 in 2024), that does not automatically prompt a gift tax. The difference is simply taken from the person’s lifetime exemption limit ...

7. Taxes 2024: 3 Ways To Prepare Now So You Don’t Lose ... - AOL

   www.aol.com/finance/taxes-2024-3-ways-prepare...

   For high-net-worth individuals, the estate and gift tax exemptions need to be navigated carefully, especially now that these limitations are due to sunset at the end of 2025. See: Top 7 Countries ...

8. 2024 gift tax rate: What it is, how it works and who has to ...

   www.aol.com/finance/2024-gift-tax-rate-works...

   A single person who gives several gifts of up to $18,000 to different recipients in a year, for example, won’t be impacted by the gift tax and won’t have to file a gift tax declaration.

9. What Counts Toward the Gift Tax? - AOL

   www.aol.com/finance/counts-toward-gift-tax...

   If you give someone cash or property valued at more than the 2023 annual exclusion limit of $17,000 ($34,000 for married joint filers), you'll have to fill out Form 709 for gift tax purposes. But ...