2024 Annual Gift Tax Exclusion . Filing a return does not. The annual gift tax limit is $18,000 per person in 2024.
The annual gift tax exclusion level will increase from $17,000 per person in 2023 to $18,000 per person in 2024, in tandem with the significant adjustments in the. The federal gift and estate tax exemption amount for 2024 is $13.61 million, up from $12.92 million in 2023.
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Gift Tax Limit 2024 Exemptions, Gift Tax Rates & Limits Explained , Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 per recipient (up from $17,000 in 2023).
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