Annual Gift Tax Exclusion 2024. In 2024, the annual exclusion stands at $18,000. A married couple filing jointly can double this.
Take advantage of annual gifting. The irs typically adjusts this gift tax exclusion each year based on inflation.
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).
The amount that may be gifted annually to individuals without tax consequence) has increased from $17,000 to $18,000.
A Married Couple Filing Jointly Can Double This.
The 2024 gift tax limit is $18,000, up from $17,000 in 2023.