Annual Exclusion Gifts in 2018

TAX ALERT

Gift tax exclusion amounts – present interests

2017  $14,000 per person

2018  $15,000 per person

Deceased spousal unused exclusion (DSUE)  Used first against surviving spouse’s lifetime gifts

This Alert is provided for informational purposes only and does not constitute legal advice. Before taking any action related to the issues addressed above, you should consult with an attorney of your choice.

2018-10-23T15:57:02+00:00October 23rd, 2018|Uncategorized|