2024 Gift Tax Exemption Chart. For 2024, the annual gift tax limit is $18,000. Gift tax exemption for 2024.


2024 Gift Tax Exemption Chart

The gift tax annual exclusion allows taxpayers to make certain gifts without eroding the taxpayer’s lifetime exemption amount. Effective january 2024, the federal estate & gift tax exemption is slated to increase by $690,000, reaching $13,610,000 per person (compared to the 2023 exemption of.

2024 Gift Tax Exemption Chart Images References :