In 2024…
The federal lifetime exclusion amount is $13,610,000.
Hawaii’s lifetime exclusion amount remains at $5,490,000.
The annual exclusion is $18,000.
The annual exclusion for gifts to a non-U.S. citizen spouse is $185,000.
In 2024…
The federal lifetime exclusion amount is $13,610,000.
Hawaii’s lifetime exclusion amount remains at $5,490,000.
The annual exclusion is $18,000.
The annual exclusion for gifts to a non-U.S. citizen spouse is $185,000.