2024 Gift Tax Limit Irs. Beyond these limits, you would actually have to pay the gift tax. Starting from calendar year 2024, the annual exclusion for gifts will increase to $18,000, up from $17,000 in 2023.


2024 Gift Tax Limit Irs

Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 per recipient (up from $17,000 in 2023). The gift tax limit (or annual gift tax exclusion) for 2023 is $17,000 per recipient.

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