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2024

2024 Gift Tax Exclusion Limit

2024 Gift Tax Exclusion Limit. The lifetime gift tax exemption for 2024 is $13.61 million, up from $12.92 million in 2023. For 2024, the annual gift tax limit is $18,000.


2024 Gift Tax Exclusion Limit

The irs typically adjusts this gift tax exclusion each year based on inflation. This means that an individual can give away assets worth up to this amount to as many.

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