How Much Money Can Be Gifted Tax Free In 2024. The gift tax limit (or annual gift tax exclusion) for 2023 is $17,000 per recipient. But even if you exceed that amount, there are some exceptions,.


How Much Money Can Be Gifted Tax Free In 2024

The annual gift tax limit and the lifetime gift tax limit. For 2024, the lifetime exclusion is $13,610,000 for individuals and $27,220,000 for married couples.

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