What Is The Irs Gift Limit For 2024. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. In 2017, the federal gift and estate tax exemption was $5.49 million 1.the tax cuts and jobs act of 2017 doubled the gift and estate tax exemption amount to $11.18 million.
The tax applies whether or not the donor. This means that you can give up to $18,000 to any individual in a single year without.
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