2024 Gift Tax Annual Exclusion

2024 Gift Tax Annual Exclusion. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. The threshold applies to giving money or assets to any one.


2024 Gift Tax Annual Exclusion

A key exemption is the annual gift tax exclusion. On january 1, 2026, that rate is scheduled to go up to 39.6%.

2024 Gift Tax Annual Exclusion Images References :