Irs Annual Gift Tax Exclusion 2024

Irs Annual Gift Tax Exclusion 2024. Starting from calendar year 2024, the annual exclusion for gifts will increase to $18,000, up from $17,000 in 2023. Annual gift tax limit for 2024.

 — annual gift tax exclusion increase: The annual exclusion applies to gifts of $18,000 to each donee or recipient per.