The annual exclusion permits donors to make gifts of $14,000 each to multiple donees.

Name: The annual exclusion permits donors to make gifts of $14,000 each to multiple donees.
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The annual exclusion for gifts in 2021 is set at $15,000, and it allows donors to give up to $15,000 per recipient without triggering gift tax or having to file a gift tax return. Therefore, donors can make gifts of $15,000 each to multiple donees without incurring gift tax.

The Annual Exclusion Permits Donors to Make Gifts of $14,000