@Naseemaltaf wrote:
Isn't it that a Lifetime Tax-exempted Gift Exclusion can be used up to the limit of 11.5Millions?
@Naseemaltaf The lifetime gift tax exemption is $11.7 million for 2021, while the annual gift tax exclusion is $15,000 (a gift tax return is required to be filed for gifts exceeding that amount per individual donee).
