2024 Gift Exclusion Limit

2024 Gift Exclusion Limit. The gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year, up from $17,000 in 2023. If you gift more than that,.


2024 Gift Exclusion Limit

Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 per recipient (up from $17,000 in 2023). In 2023, you can make annual gifts to any one person up to a maximum of $17,000 per year ($18,000 in 2024, estimated to be $19,000 in 2025).

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