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Should you use lifetime gift exclusion now or save it for later
If you give someone more than $15k this year, should you use the lifetime gift exclusion to avoid paying tax this time, or should you pay the tax and save the exclusion for later?
Also, if you lose track of how much of the lifetime gift exclusion you have used up, can you ask IRS to tell you?
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‎April 15, 2022
2:24 PM