Gift Tax Annual Exclusion: 2013

The gift tax annual exclusion for 2013 has risen to $14,000.

The exclusion amount is set by IRC §2503(b), and is indexed for inflation.

Year of Transfer Exclusion Amount
1982-2001 $10,000
2002-2005 $11,000
2006-2008 $12,000
2009-2012 $13,000
2013 $14,000

See: Rev. Proc. 2012-41

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