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Kiplinger
Kiplinger
Business
Kelley R. Taylor

Gift Tax Exclusion 2026: How Much You Can Give Tax‑Free This Year

Tax Exemption IRS
U.S. money in a gift bag.

Are you considering giving cash or property to loved ones or others this year? Knowing the annual gift tax exclusion can save money and spare you from filing gift tax returns.

Here’s what you need to know about the federal gift tax and how much you can offer as a one-time gift this year without worrying about tax reporting.

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