First time in 4 years, the IRS has INCREASED the annual gift tax exclusion from $15,000 up to $16,000 for contributions towards ABLE accounts.
This became effective Jan 2022.
More information visit this resource!
First time in 4 years, the IRS has INCREASED the annual gift tax exclusion from $15,000 up to $16,000 for contributions towards ABLE accounts.
This became effective Jan 2022.
More information visit this resource!
