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Topical Terminology > Gift-tax Annual Exclusion



2 Definitions

Gift-Tax Annual Exclusion

For Gift-Tax Annual Exclusion we have terms and definitions in 2 topics. The topics are Charitable Donation and Charitable Donations.



Gift-tax Annual Exclusion (Charitable Donation)

The provision in the tax law that exempts the first $10,000 (as adjusted for inflation) in present-interest gifts a person gives to each recipient during a year from federal gift taxes.


Gift-tax Annual Exclusion (Charitable Donations)

The provision in the tax law that exempts the first $11,000 (as adjusted for inflation) in present-interest gifts a person gives to each recipient during a year from federal gift taxes.




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