How much can someone gift you in 2021?

How much can someone gift you in 2021?

$15,000 per recipient The first tax-free giving method is the annual gift tax exclusion. In 2021, the exclusion limit is $15,000 per recipient, and it rises to $16,000 in 2022. You can give up to $15,000 worth of money and property to any individual during the year without any estate or gift tax consequences. Nov 13, 2021

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