What Is The Max Gift Amount For 2024 Calendar. In addition, the estate and gift tax exemption will be $13.61 million per individual for 2024 gifts and deaths, up from $12.92 million in 2023. The annual gift tax exclusion for 2024 is the maximum amount of money or property that you can give to another person without having to pay federal gift tax.
The united states government imposes a gift tax on gifts of money and other property that exceed the annual gift tax limit of $18,000 in 2024. Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 per recipient (up from $17,000 in 2023).
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