2024 Gift Tax Limit Lifetime . For 2024, you can give up to $18,000 to each recipient without triggering the gift tax, which is known as the annual gift tax exemption. This limit is called the lifetime, or combined, gift and estate tax exemption.
The federal lifetime gift and estate tax exemption amount will increase to $13.61 million per person and $27.22 million per married couple next year. For 2024, the annual gift tax limit is $18,000.
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