2024 Gift Tax Exclusion Amount

2024 Gift Tax Exclusion Amount. The two primary factors that determine how much you can gift without incurring tax are the annual gift tax. The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024 limit.


2024 Gift Tax Exclusion Amount

In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024 limit.

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