2024 Gift Tax Exclusion Amount

2024 Gift Tax Exclusion Amount. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. The 2024 gift tax limit is $18,000, up from $17,000 in 2023.

For 2024, the annual gift tax limit is $18,000. In 2023, you can make annual gifts to any one person up to a maximum of $17,000 per year ($18,000 in 2024, estimated to be $19,000 in 2025).