A gift must be less than what amount per person to avoid affecting the estate tax exemption?

Name: A gift must be less than what amount per person to avoid affecting the estate tax exemption?
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Question

Quizplus · Accepted Answer

The annual gift tax exclusion is currently set at $14,000 per recipient. As long as the gift does not exceed this amount, it will not affect the donor's estate tax exemption. Therefore, choice C of $14,000 is the correct answer.

A Gift Must Be Less Than What Amount Per Person