Irs Gift Tax Exclusion 2024

Irs Gift Tax Exclusion 2024. The gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year, up from $17,000 in 2023. For 2024, the annual gift tax exclusion is $18,000, meaning a person can give up to $18,000 to as.


Irs Gift Tax Exclusion 2024

1 for 2024, the limit has been adjusted for inflation and will rise to $18,000. The 2024 gift tax limit is $18,000, up from $17,000 in 2023.

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