Annual Gift Tax Exclusion 2024 . The lifetime gift tax exemption is tied. Starting on january 1, 2024, the annual exclusion on gifts will be $18,000.
In 2023, you can make annual gifts to any one person up to a maximum of. The irs typically adjusts this gift tax exclusion each year based on inflation.
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Gift Tax Limit 2024 Exemptions, Gift Tax Rates & Limits Explained , There's no limit on the number of individual gifts that can be.