2024 Gift Tax Limit Per Individually

2024 Gift Tax Limit Per Individually. For 2024, the exclusion amount is $18,000 per recipient. A married couple filing jointly can double this amount and gift individuals.


2024 Gift Tax Limit Per Individually

Currently, the federal estate tax exemption is set at $13.61 million per individual or $27.22 million for a married couple. The lifetime estate and gift tax exemption will rise to $13.99 million per individual in 2025, up from $13.61 million in 2024.

2024 Gift Tax Limit Per Individually Images References :