Gift Tax 2024 Exclusion 2024 . Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 per recipient (up from. The 2024 gift tax limit is $18,000, up from $17,000 in 2023.
This means that you can give up to $18,000 to anyone without having to worry about paying. Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023.
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Gift Tax Limit 2024 Exemptions, Gift Tax Rates & Limits Explained , For married couples, the limit is $18,000 each, for a total of $36,000.
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Gift Tax 2024 Exclusion From Tax Hallie Jillene , In 2023, you can make annual gifts to any one person up to a maximum of $17,000 per year ($18,000 in 2024, estimated to be $19,000 in 2025).