Which statement$($s$)$ is$/$are true for Generation Skipping Transfer Tax $($GSTT$)?$

Applies to transfers to persons who are two generations or more lower than the transferor.

There are no exceptions.

There is an $$13,610,000$ lifetime exemption in $2024$ for GSTT$.$

Transfers qualifying for gift tax annual exclusion generally are also excluded from GSTT$.$

$4$ only.

$1$ and $4.$

$2$ and $3.$

$1,3$ and $4.$