Gift Tax 2024 Irs

Gift Tax 2024 Irs. There's no limit on the number of individual gifts. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.


Gift Tax 2024 Irs

What is the gift tax limit in 2024? For 2024, the internal revenue service (irs) has set the annual exclusion for gift taxes at $18,000 per gifter, meaning you can give up to $18,000 to as many people.

Gift Tax 2024 Irs Images References :