Irs Gift Tax Limits 2024

Irs Gift Tax Limits 2024.  — in 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.  — below are brief summaries for:


Irs Gift Tax Limits 2024

Visit the estate and gift taxes page for more comprehensive estate and gift tax information. Starting from calendar year 2024, the annual exclusion for gifts will increase to $18,000, up from $17,000 in 2023.

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