2024 Gift Exclusion Amount . This represents the maximum amount an individual can gift to another person without. For 2024, the exclusion amount is $18,000 per recipient.
The annual gift tax exclusion amount has increased from $17,000 per person in 2023 to $18,000 per person in 2024 (or $36,000 for married couples choosing to individually make gifts). In 2024, the annual gift tax exclusion amount is $18,000 per recipient.
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2024 Gift Tax Exclusion Amount Elfie Ronnie , Effective january 1, 2024, the federal estate and gift tax exemption amount increased from $12.92 million to $13.61 million per individual (a combined $27.22 million for a.