The annual exclusion permits donors to make gifts of $15,000 each to multiple donees.

Name: The annual exclusion permits donors to make gifts of $15,000 each to multiple donees.
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The annual exclusion for gift tax purposes allows donors to gift up to $15,000 per year to each donee without incurring gift tax. This means that donors can make gifts of $15,000 each to multiple individuals without being subject to gift tax.

The Annual Exclusion Permits Donors to Make Gifts of $15,000