2024 Gift Tax Exemption Limit

2024 Gift Tax Exemption Limit. A married couple filing jointly can double this amount and gift. What is the gift tax annual exclusion amount for 2024?


2024 Gift Tax Exemption Limit

As per irs gift tax rules, for the year 2024, the annual gift tax exclusion limit remains at $15,000 per individual recipient. Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023.

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