2024 Gift Tax Limit

2024 Gift Tax Limit. The lifetime gift tax exemption is tied to both the annual gift tax exclusion and the federal estate tax. The 2024 gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year from $17,000 last year.


2024 Gift Tax Limit

The lifetime gift tax exemption is tied to both the annual gift tax exclusion and the federal estate tax. The lifetime gift and estate tax exemption is worth $13.61 million in 2024.

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