Maximum Gift Amount 2024

Maximum Gift Amount 2024. For 2024, the annual gift tax limit is $18,000. Instead, a gift is taxed only after you exceed your lifetime estate and gift exemption, which in 2024 is $13.61 million for individuals and $27.22 million for married couples.


Maximum Gift Amount 2024

The lifetime gift tax exemption is tied to both the annual gift tax exclusion and the federal estate tax. In 2024, each person may gift up to $18,000 each year to any individual.

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