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Dye, Deitrich, Petruff &
St. Paul, P.L.


1111 3rd Avenue West, Suite 300
Bradenton, FL 34205

Phone: (941) 748-4411
Fax: (941) 748-1573
Email: info@dyefirm.com
01/15/2013 - Annual Gift Tax Exclusion Increased

For 2013, the annual gift tax exclusion has been increased to $14,000.00 per person. This means that an individual can make a gift to another of $14,000.00 and a couple may make a joint gift of $28,000.00 to a person.

This is a very simple way for couples to make tax exempt gifts to their children or grandchildren.

In 2012, the annual gift tax exclusion was $13,000.00