2024 Gift Tax Exemption Amount. The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024. The gift tax limit (also known as the gift tax exclusion) is $18,000 for 2024.
A married couple filing jointly can double. Additionally, since each individual may take advantage of this exclusion, a married couple may gift up to $36,000 to each donee per calendar year without using any estate or gift tax exemption.
2024 Gift Tax Exemption Amount Images References :