2024 Gift Tax Exclusion Per Person
2024 Gift Tax Exclusion Per Person. This means you can give up to $18,000 to as many people as you like without any gift tax implications or. Discover the 2024 updates to annual gift and estate tax exemptions, including the new $18,000 gift tax exclusion per recipient, as announced by the irs.
The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024 limit. The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024 limit.
