Irs Gift Tax Limits 2024

Irs Gift Tax Limits 2024. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. This means that you can give up to $18,000 to any individual in a single year without.


Irs Gift Tax Limits 2024

For married couples, the limit is $18,000 each, for a total of $36,000. Strategies such as trusts can also help mitigate potential gift taxes.

Irs Gift Tax Limits 2024 Images References :