September 28, 2024

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2024 Gift Tax Limit Irs

2024 Gift Tax Limit Irs. The 2024 gift tax limit is $18,000, up from $17,000 in 2023. Here's how the gift tax works, along with current rates and exemption amounts.


2024 Gift Tax Limit Irs

The annual gift tax exclusion will be $18,000 per recipient for 2024. Starting from calendar year 2024, the annual exclusion for gifts will increase to $18,000, up from $17,000 in 2023.

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