Gift Amount For 2024 In . In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. (that’s up $1,000 from last year’s limit since the gift tax is one of many tax amounts adjusted annually for inflation.)
1 for 2024, the limit has been adjusted for inflation and will rise to $18,000. The gift tax limit, also known as the gift tax exclusion, is $18,000 for 2024.
Gift Amount For 2024 In Images References :
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