Gift Tax 2024 Limit 2024

Gift Tax 2024 Limit 2024. 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. This means that you can give anyone up to this amount.


Gift Tax 2024 Limit 2024

The 2024 gift tax limit is $18,000, up from $17,000 in 2023. The tax applies whether or not the donor.

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