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What Is The Tax Free Gift Limit For 2025 In Nj

What Is The Tax Free Gift Limit For 2025 In Nj. There is no new jersey gift tax. However, there is a federal gift tax.


What Is The Tax Free Gift Limit For 2025 In Nj

But thanks to annual and lifetime exclusions, most people will never have to pay a gift tax. The unified estate and gift tax exclusion amount, $13,610,000 for gifts made and decedents dying.

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