Annual Exclusion Gifts

In 2026, Robert wishes to maximize annual exclusion gifts without using any of his lifetime gift and estate tax exemption. He gives:

  • $19,000 to his son
  • $19,000 to his daughter
  • $19,000 to each of his three grandchildren

How much has Robert transferred free of gift tax and without using any of his lifetime exemption?

  1. $57,000
  2. $76,000
  3. $95,000
  4. $114,000